The US government is investigating whether JPMorgan Chase provided fair banking access to its customers, as the White House intensifies a crackdown on so-called politicised debanking practices allegedly targeting conservative public figures. 

In its quarterly filing on Wednesday, JPMorgan said that it was “responding to requests from government authorities and other external parties regarding, among other things, the firm’s policies and processes and the provision of services to customers and potential customers”. 

JPMorgan said it was in response to the issuing of an executive order by President Donald Trump in August that ordered banking regulators to review any policies or practices that might have led to “politicised or unlawful debanking”.