JPMorgan Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan are scheduled to meet with Senate Banking Committee Republicans to address concerns surrounding debanking practices. The meeting, set for February 14, 2025, comes amid growing scrutiny of how banks manage customer accounts based on political or religious affiliations. Dimon emphasized that JPMorgan does not engage in debanking for such reasons, stating, "We don’t debank people because of political or religious affiliations," while acknowledging that there are issues within the banking system that need to be addressed. Senator Tim Scott also highlighted the broader implications of debanking, expressing concern for the impact on Americans and advocating for regulatory reforms. The discussions are part of a larger effort by bank leaders to find solutions to the challenges posed by debanking, which some lawmakers argue disproportionately affects individuals with traditional values.