Senator Scott Introduces Debanking Bill
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Financial IntegrityCoinGape
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Business & Economics
U.S. Senator Tim Scott introduces new legislation aimed at ending debanking practices

61% Informative
U.S. Senator Tim Scott (R-S.C.) has introduced new legislation aimed at addressing the growing issue of debanking practices in the country.
The FIRM Act seeks to eliminate the use of reputational risk as a metric for regulating financial institutions.
The legislation is positioned as a way to stop federal regulators from abusing their authority for political purposes.
VR Score
45
Informative language
39
Neutral language
59
Article tone
formal
Language
English
Language complexity
64
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not offensive
Hate speech
not hateful
Attention-grabbing headline
detected
Known propaganda techniques
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short-lived
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2
Source diversity
2
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