Bill Barr criticizes Florida debanking law

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Bill Barr criticizes Florida debanking law

Earlier this month, former U.S. Attorney General Bill Barr weighed in on the growing debate over debanking during an event in Washington. “Debanking” — which refers to a financial institution denying or terminating services to individuals or businesses based on certain risk factors — has become a main point in debates over free markets and regulatory overreach. Barr explored the challenges state-level debanking laws pose to consumers, businesses…