JPMorgan Chase and Bank of America saw their stock prices decline Tuesday after President Trump indicated plans to issue an executive order targeting institutions he believes discriminate against conservatives. While the banks acknowledged the need for financial regulation reform, the market reacted negatively to the potential executive action, signaling uncertainty about the implications for the financial sector. The announcement comes amid ongoing debates about the balance between regulatory oversight and fostering a business-friendly environment. Investors are closely watching for further details on the executive order and its potential impact on the banking industry's profitability and operational freedom.