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Decree barring Armenian discrimination ended
Los Angeles Times
|October 19, 2025
Trump administration scraps consent order banning bank from mistreating customers.
A CONSENT order barring Citibank from discriminating against Armenian Americans has been terminated.
(MICHAEL NAGLE Bloomberg)
The Consumer Financial Protection Bureau has terminated a consent order that prohibited Citibank from discriminating against its Armenian American customers.
The agency, led by President Trump’s Office of Management and Budget Director Russell Vought, ended the consent order on Thursday, three years earlier than when it was set to expire.
The termination order signed by Vought said the bank had already paid more than $24.5 million in penalties and redress payments required by the agreement, and that it had taken steps to prevent future violations of the law. The order also waived any allegations of noncompliance.
This story is from the October 19, 2025 edition of Los Angeles Times.
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