S 821
Freedom Financing Act
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Freedom Financing Act aims to prevent banks, credit unions, and payment card networks from denying services to individuals or businesses based on their political beliefs or reputation. It sets a threshold of $10 billion in assets for affected institutions and clarifies that decisions to refuse business should be based solely on traditional underwriting and credit considerations, not on political or reputational concerns. The bill also includes provisions for credit unions and the Automated Clearing House Network to ensure similar protections.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.