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WASHINGTON, D.C. — NSSF®, The Firearm Industry Trade Association, applauded U.S. Sen. Kevin Cramer’s (R-N.D.) introduction of the Fair Access to Banking Act, S. 293, which would work to end the discriminatory lending practices of major banking institutions that seek to circumvent the legislative process and set social policy from the boardroom. The legislation has 36 co-sponsors.
The Fair Access to Banking Act would require banks to provide access to services, capital, and credit based on the objective risk assessment of individual customers, rather than subjective broad-based decisions affecting whole categories or classes of customers.
