CONTACT: Barbara Hagenbaugh
(202) 457-8783
bhagenbaugh@fsforum.com
Forum Statement on Debanking
Washington, D.C. – A Financial Services Forum spokesperson today issued the following statement following a report on debanking:
“The Administration, Congress and industry all support fair access to the banking system. We look forward to our continued work together to remove any barriers to serving customers while allowing banks to make decisions based on their business judgment and risk tolerance.”
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The Financial Services Forum is an economic policy and advocacy organization whose members are the eight largest and most diversified financial institutions headquartered in the United States. Forum member institutions are a leading source of lending and investment in the United States and serve millions of consumers, businesses, investors, and communities throughout the country. The Forum promotes policies that support savings and investment, financial inclusion, deep and liquid capital markets, a competitive global marketplace, and a sound financial system.
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