GOP bill takes on ESG banking rules to limit ‘woke’ investment decisions
Fox News
Republican Rep. Andy Barr is rolling out legislation that would prohibit banks from denying fair access to financial services for political purposes, Fox News Digital has learned.
"Banks should make lending decisions relying on objective, risk-based metrics, not the standards of woke corporate cancel culture," Barr told Fox News Digital. "My legislation codifies the Fair Access Rule to ensure that Radical environmentalists, gun control advocates, crypto antagonists and other political activists cannot weaponize financial institutions in their fight to achieve their political agenda." Brooke Singman is a Fox News Digital politics reporter. You can reach her at Brooke.Singman@Fox.com or @BrookeSingman on Twitter.
Barr's bill is a companion bill to one introduced in the Senate by Sen. Kevin Cramer, R-N.D.
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