HTTP/2 200 date: Wed, 03 Mar 2021 21:34:43 GMT content-type: text/html; charset=UTF-8 set-cookie: __cfduid=d40f575d3b5186430fd6fac88389961881614807283; expires=Fri, 02-Apr-21 21:34:43 GMT; path=/; domain=.www.nssf.org; HttpOnly; SameSite=Lax vary: Accept-Encoding vary: Accept-Encoding x-pingback: https://www.nssf.org/xmlrpc.php link: ; rel="https://api.w.org/" link: ; rel="alternate"; type="application/json" link: ; rel=shortlink x-powered-by: WP Engine x-cacheable: SHORT vary: Accept-Encoding,Cookie cache-control: max-age=600, must-revalidate x-cache: HIT: 4 x-cache-group: normal cf-cache-status: DYNAMIC cf-request-id: 089b9ccfa50000387747167000000001 expect-ct: max-age=604800, report-uri="https://report-uri.cloudflare.com/cdn-cgi/beacon/expect-ct" server: cloudflare cf-ray: 62a5fd92ae1b3877-IAD alt-svc: h3-27=":443"; ma=86400, h3-28=":443"; ma=86400, h3-29=":443"; ma=86400 NSSF Applauds Sen. Cramer’s ‘Fair Access to Banking Act’ • NSSF

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March 3, 2021


NEWTOWN, Conn. — The NSSF®, the firearm industry’s trade association, applauded U.S. Sen. Kevin Cramer’s (R-N.D.) introduction of the Fair Access to Banking Act. The much-needed legislation will pick up where the Fair Access to Financial Services Banking Rule left off, which was proposed by the Office of the Comptroller of the Currency until the Biden administration “paused” publication of the finalized rule.

The bill was introduced with 26 cosponsors and expands upon the work begun in the last Congress by Sen. Cramer’s introduction of S. 821[3], Freedom Financing Act. The Fair Access to Banking Act would require banks to provide access to services, capital, and credit based on the objective risk assessment of individual customers, rather than subjective broad-based decisions affecting whole categories or classes of customers.

The Fair Access to Banking Act would stop corporate banks from picking winners and losers based on executives’ personal politics. It also protects banks from outside pressure by special interest groups seeking to use the banks as a political weapon to advance their agenda.

“Senator Cramer’s ‘Fair Access to Banking’ bill is a crucial, timely piece of legislation that will ensure financial institutions, when deciding whether or not to offer services to fully legal and lawful businesses, make such decisions

Read more from our friends at the NSSF