Fair Access to Banking Act (2022)

The Fair Access to Banking Act protects American industries from discrimination by banks and lenders who politicize access to capital to satisfy their critics. The purpose of the bill is to ensure that persons involved in politically unpopular businesses but that are lawful under Federal law receive fair access to financial services under the law. The term “fair access to financial services” means persons engaged in activities lawful under Federal law are able to obtain financial services at banks without impediments caused by a prejudice against or dislike for a person or the business of the customer, products or services sold by the person, or favoritism for market alternatives to the business of the person.