Republican AGs Support State Efforts to Prohibit Discriminatory De-Banking

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  • A group of 20 Republican AGs sent a letter to the U.S. Department of Treasury voicing concerns about the agency’s July 18, 2024 letter, which characterized a Florida law protecting individuals from de-banking as harmful to national security.
  • In the letter, the AGs argue that state laws such as Florida’s HB 989 are necessary to protect consumers and businesses from being denied banking services based on political beliefs or religious views, and that the agency is attempting to preempt state law.
  • The AGs urge the agency to refrain from future commentary on such state laws.
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