The U.S. Office of the Comptroller of the Currency (OCC) announced plans to revise its regulations by eliminating references to "reputational risk." This change aims to address the "de-banking" practices of major banks, which have been accused of unfairly discriminating against customers based on political or religious beliefs. OCC Director Jonathan Gould emphasized that the revision seeks to ensure fair treatment of all customers. This regulatory update follows an executive order from the U.S. President, urging federal regulators to reform relevant standards.