Banking Fairness
Battling the Banks
Our industry is denied fair and dependable banking at every turn. Several bills and initiatives seek to outlaw banking discrimination or otherwise expand the playing field. Here are a few that we’re watching.
Current Bills
| Title | Status | Latest Action | Date | Summary |
|---|---|---|---|---|
| New York S1161 / A1022 | Introduced | Referred to Senate investigations and government operations committee | 2026-01-07 | Establishes banking bill of rights. |
| New Hampshire HB 359 | Introduced | Referred for interim study | 2026-01-07 | This bill would prohibit the denial of banking and insurance services on the basis of any factor that is not a quantitative, impartial, and risk-based, including the person’s business sector. |
| FIRM Act (S.875/H.R.2702) | Passed first committee | Companion bill introduced in the House | 2025-04-08 | A bill to eliminate reputational risk as a component of the supervision of depository institutions. |
| H.R. 4544 American Access to Banking Act | Introduced | Passed House Financial Services Committee | 2025-07-23 | Directs federal banking and credit union regulators to streamline the formation |
| Fair Access to Banking Act | Introduced | Introduced and referred to committee | 2025-02-05 | The legislation requires that lending and services decisions must be based on impartial, risk-based analysis, not political or reputational favoritism. |
| H.R. 5014 To codify Executive Order 14331 on fair banking | Introduced | Introduced and referred to committee | 2025-08-22 | The bill gives Executive Order 14331, titled “Guaranteeing Fair Banking for All Americans” the force and effect of law. |