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Weekly Roundup: Trump Threatens Banks, OCC Targets ‘Reputation Risk,’ and More

President Donald Trump signed an executive order targeting banks that he alleges have denied services to customers because of their political or religious beliefs, or who engage in "lawful business practices" that present reputational concerns, The New York Times reported. More and More U.S. Comptroller of the Currency Jonathan Gould said his agency, which removed all references to "reputation risk" from guidance and examiners' manuals prior to the executive order, will soon propose to scrub the term from regulations. More The agency will also launch a review to determine which financial services companies have denied services unlawfully or for political...

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