GOP Congress lobbied to write a 'reputation risk' ban into law before Democrats take over
Conservative activists said the window is closing to write a ban on the financial industry's "reputation risk" into federal law to stop debanking.
TL;DR
- Conservative activists are pushing for a federal law against the financial industry's "reputation risk" practice.
- They state that the window to enact such legislation is closing.
- The aim of the proposed ban is to stop "debanking."