Story perspectives

JPMorgan and Bank of America Face Government Inquiries

11/5/2025

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Summary

Story summary

JPMorgan Chase said on November 4, 2025 it is cooperating with government inquiries.
The Office of the Comptroller of the Currency (OCC) issued September guidance to prevent account closures for political or religious beliefs.
The directive aims to address abuses hindering free expression and economic opportunity.
OCC head Jonathan Gould said examiners are reviewing policies affecting industries like firearms.
Bank of America is also responding to similar inquiries.

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Story summary

JPMorgan Chase said on November 4, 2025 it is cooperating with government inquiries.
The Office of the Comptroller of the Currency (OCC) issued September guidance to prevent account closures for political or religious beliefs.
The directive aims to address abuses hindering free expression and economic opportunity.
OCC head Jonathan Gould said examiners are reviewing policies affecting industries like firearms.
Bank of America is also responding to similar inquiries.