Regulator finds US lenders may have denied services for political reasons, says Trump administration

A regulator appointed by the Trump administration released findings on US lenders. The investigation suggests some banks may have refused services based on political considerations. The report indicates that borrowers perceived discrimination tied to their political views. Officials said the practice could undermine fair access to credit. The regulator’s office plans to further examine the scope of the issue. The Jerusalem Post highlighted the potential legal and reputational risks for the banks. Consumer advocacy groups have called for stricter oversight in response. The findings may prompt congressional hearings on political bias in lending.