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CO Lawmakers Tweak Last Year’s First-In-Nation AI Law In a special session that began last week, Colorado Senate Majority Leader Robert Rodriguez (D) introduced legislation ( SB 4 a ) that would...
States Seek Ways to Replace Expiring Federal Health Subsidies Policymakers in California, Colorado, Maryland and other states are considering ways to backfill pandemic-era federal health insurance subsidies...
The price of electricity has risen faster than inflation since 2022, and the U.S. Energy Information Administration (EIA) expects that trend to continue through 2026 . In the past year, the cost of electricity...
Trump’s ‘Debanking’ Order Raises Questions for Lenders Days after accusing JPMorgan Chase and Bank of America of discriminating against him and other conservatives, President Donald...
Tech Groups Battling AI Regulation in CA Tech industry groups including the Business Software Alliance, the Consumer Technology Association and the Chamber of Progress are stepping up their lobbying...
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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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