Fair Access to Banking Act

This bill sets rules to stop banks, credit unions, and payment card companies from refusing to serve people or businesses that are following the law. If these financial institutions do turn someone away, they can only do so based on clear, measurable financial standards they set up ahead of time — not because they're worried about their own reputation. Banks that break these rules could face penalties, lose access to certain financial systems, or even lose their deposit insurance. The bill also lets people who are unfairly denied services sue in court.

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