JP Morgan Chase CEO Jamie Dimon, in a meeting with Republican lawmakers and top bank CEOs, called for a review of financial regulations. He warned that strict rules, particularly anti-money laundering laws, are forcing banks to cut off customers to avoid penalties.

The discussion centered on "debanking," with Dimon denying that JPMorgan excludes customers based on politics or religion. The GOP is pushing for laws defining when banks can refuse service, as crypto firms claim unfair treatment.

Trump and Warren both criticized banks for potential discrimination, with Senator Tim Scott condemning regulatory overreach and calling for reforms.