ND Sen. Cramer: Banks That Discriminate Against Gun Makers Should Lose FDIC Insurance

What [the Fair Access to Banking Act] would do is it would prohibit banks from creating categorical exclusions, industries, entire industries; the firearms industry, fossil fuel, carbon industries, private prisons. Industries that the banks — many banks, large banks — have categorically stated they’re not going to support in the future.  And these are legal … Read more

ND Senator Cramer Introduces Bill to Prevent Financial Discrimination Against the Gun Industry

Before he left office, President Trump had the Office of the Comptroller of the Currency adopt a new rule preventing discrimination by the banking industry in lending practices or the provision of other services like credit card processing. One of the first things President Bidenharris did after inauguration was to “pause” the new rule. Apparently … Read more