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ATR Commends Louisiana Resolution on Debanking

Summary by atr.org
On June 10, the Louisiana House of Representatives unanimously voted to adopt H.R 316– a resolution commending the Trump Administration’s efforts to stop financial institutions from debanking customers over reputational risk concerns and excessive regulatory pressure. It further urges Congress to pass Senator Tim Scott’s (R-SC) FIRM Act, which would remove commonly abused risk categories from regulators’ consideration.  The bill acknowledges the…

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atr.org broke the news in on Friday, June 13, 2025.
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