Story perspectives
FTC Warns Payment Giants Against Discrimination Based on Beliefs
3/27/2026
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Story summary
- The Federal Trade Commission warned Visa, Mastercard, PayPal, and Stripe not to deny services based on political or religious beliefs, after U.S. President Donald Trump's August 2025 executive order.
- FTC Chair Andrew Ferguson said refusals to serve could trigger investigations and enforcement actions.
- The letters address Stripe's termination of payment processing for Trump's campaign after the January 6 riot.
- Trump has filed a $5 billion lawsuit against JPMorgan Chase for alleged political discrimination.
