Tim Scott unveils bill targeting debanking

» Tim Scott unveils bill targeting debanking




Senate Banking Committee Chair Tim Scott (R-S.C.) unveiled legislation Thursday taking aim at debanking.   Debanking — the closure of accounts that banks consider risky, often with little notice or explanation — has become a key issue for Republicans, particularly as the cryptocurrency industry argues it has been unfairly targeted.  Scott’s Financial Integrity and Regulation…



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