Trump Says He’ll Probe Banks Over Response to LA Wildfires (2)

April 24, 2026, 1:22 AM UTC

President Donald Trump said he would look into the actions of banks in their response to last year’s devastating Los Angeles wildfires following a meeting with that city’s mayor, Karen Bass.

Trump said he met with Bass and other officials to discuss the “progress made on the horrific fires that ravaged Los Angeles, and the surrounding area,” and praised “Insurance Companies” for the way “they were treating the Home Owners.”

“The Banks, however, have a long way to go, and we will be looking into their actions, effective immediately,” Trump said in a social media post on Thursday. “The ...

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