Senate Is Well Positioned to Tackle 'De-Banking' Issue

Senate Banking Committee Chairman Tim Scott has a new tag team partner in his efforts to combat the inappropriate debanking of conservatives: Senator Thom Tillis of North Carolina. Tillis has introduced a comprehensive bill that includes and expands on Scott's proposed legislation to end debanking based on so-called reputational risk.  The committee may soon hold hearings on the issue, and both senators deserve credit for taking on the thorny problem of political interference in financial access.

 

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