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Fair Banking for All: Executive Order Becomes Permanent Law

This bill aims to make the principles of fair banking, previously introduced by the President, into permanent law. This means banks will be legally required to follow these rules, potentially affecting how citizens access financial services and ensuring greater fairness in obtaining loans and other banking products.
Key points
Executive Order 14331 on fair banking will be codified, giving it the full force of law.
Citizens can expect banks to adhere to fair treatment principles, impacting access to financial services.
The goal is to ensure all Americans have equal opportunities in accessing banking services, regardless of background or status.
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Status: Introduced
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Additional Information
Print number: 119_HR_5014
Sponsor: Rep. Barr, Andy [R-KY-6]
Process start date: 2025-08-22