Legislative Activity
Track Andy's sponsored bills, co-sponsored legislation, and voting record
The "Fair Access to Banking Act" prohibits financial institutions with over $50 billion in assets from denying services to legal businesses based on subjective or political reasons, ensuring fair access to financial services and preventing discrimination. Payment card networks that violate this rule will face a civil penalty.
Garland Barr
Representative
KY
Garland Barr
Representative
KY
The "Fair Access to Banking Act" aims to prevent financial institutions from denying services to legal businesses based on subjective or political reasons. It prohibits large banks, credit unions, and payment card networks from discriminating against legal businesses and requires them to provide fair access to financial services based on impartial, risk-based standards. Financial institutions that violate these provisions may face penalties, including ineligibility for taxpayer-funded discount window lending programs and civil penalties. Individuals or businesses who are unfairly denied services can sue the financial institution in U.S. district court.
The TABS Act of 2025 renames the Bureau of Consumer Financial Protection to the Consumer Financial Empowerment Agency and authorizes congressional appropriations for the agency's operations in fiscal years 2026 and 2027.
Garland Barr
Representative
KY
Garland Barr
Representative
KY
The TABS Act of 2025 renames the Bureau of Consumer Financial Protection to the Consumer Financial Empowerment Agency, updating references across numerous acts and legal documents. It also authorizes Congress to appropriate funds for the newly named agency for fiscal years 2026 and 2027, bringing it into the regular appropriations process.