ATR Commends Louisiana Resolution on Debanking
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ATR Commends Louisiana Resolution on Debanking
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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Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
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