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STATE NET® THOUGHT LEADERSHIP SERIES How Historic Adoption Rates Hold the Key to Forecasting Future Regulatory Action Just as state legislatures vary in their bill passage rates, some state agencies...
Judge Strikes Down Part of MD Digital Ad Tax Law A federal judge struck down a provision of Maryland’s first-in-the-nation digital advertising tax law that prohibited online companies from notifying...
NLRB Sues California to Block Labor Board Law The National Labor Relations Board has filed a lawsuit to block a new California law ( AB 288 ) empowering the state’s Public Employee Relations Board...
TX AG Sues Johnson & Johnson over Claimed Tylenol-Autism Link Texas Attorney General Ken Paxton (R) filed a lawsuit against Johnson & Johnson this week claiming the company hid the risks of Tylenol...
Over the past 47 years, seven states have enacted their own, state-level versions of the federal Community Reinvestment Act to ensure financial institutions within their jurisdictions are meeting the banking...
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Days after accusing JPMorgan Chase and Bank of America of discriminating against him and other conservatives, President Donald Trump issued an executive order directing the Treasury Department and bank regulators to ensure that lenders aren’t denying services to customers based on political or religious grounds, a practice known as “debanking.”
Some industry participants said the order raised many questions.
“There are words in the executive order which can be open to interpretation,” said Matt Bisanz, a partner at Mayer Brown, an international law firm that represents major financial institutions. “It’s not even clear if there will be regulations or just guidance, which will be enforced through the bank exam process or will be handled in a quiet, non-public manner,” he added. (REUTERS)
—Compiled by SNCJ Managing Editor KOREY CLARK
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