(Zero Hedge)—The Trump administration is reportedly preparing an executive order to block banks from denying services to politically disfavored industries—particularly crypto firms and gun manufacturers, according to CoinTelegraph and the WSJ.
The move comes as part of a broader backlash against what critics are calling “Operation Chokepoint 2.0,” a term that refers to the alleged, informal coordination between financial regulators and banks to “debank” certain legal but politically controversial sectors.
This follows a surge of complaints from crypto entrepreneurs and tech founders, over 30 of whom were reportedly denied banking services during the Biden administration.
The issue gained national attention after the sudden collapse of three major crypto-friendly banks—Silicon Valley Bank, Silvergate, and Signature—in early 2023. Their rapid downfall fueled speculation that government pressure had played a role, with crypto investor Nic Carter calling it a “coordinated effort” to dismantle the digital asset ecosystem through financial exclusion.
In response, President Trump declared at the March 2024 White House Crypto Summit that he would “end Operation Chokepoint 2.0,” vowing to restore neutral banking access regardless of politics. If enacted, the executive order would mark a major escalation in the GOP’s effort to curb what it sees as partisan interference by banks and federal regulators.
The issue has also drawn unusual bipartisan concern. Senator Elizabeth Warren, a frequent critic of Wall Street, stated in a February Senate hearing that “no one should be locked out of the financial system based on who they voted for or what they believe,” adding fuel to a rare moment of agreement across party lines.
Meanwhile, major banks including JPMorgan Chase, Citigroup, and Wells Fargo have met with officials in Texas and Oklahoma to deny allegations that they’ve selectively restricted services to industries like crypto, firearms, and fossil fuels—industries increasingly caught in the political crossfire.
The report says that despite Trump’s pledge, crypto advocates warn the battle is far from over. Caitlin Long, CEO of Custodia Bank, whose firm has faced repeated debanking challenges, said in March that the industry likely won’t see meaningful relief until at least 2026.
With the Federal Reserve maintaining its current stance—and new leadership appointments not possible until early 2025—regulatory hostility could continue, even if other agencies like the OCC and FDIC shift course.
Why One Survival Food Company Shines Above the Rest
Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.
It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?
This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.
Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.
At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.
What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.
