S 379 · in committee · major
No Red and Blue Banks Act
- government reform
What this bill does
- This bill blocks the federal government from contracting with banks that refuse service based on social or political beliefs.
- Banks that avoid certain industries or companies for policy reasons would lose federal business.
- The GSA must enforce these restrictions when awarding contracts to insured depository institutions.
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Community Threads
Started by Cosponsor
- 01
How would banks determine which service denials violate this rule versus legitimate risk management decisions that aren't belief-based?
- 02
What financial consequences would banks face from losing federal contracts, and could these costs be passed to other customers?
- 03
Should federal contracting rules apply equally to all financial institutions regardless of their size or deposit insurance status?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · R-LA
John Kennedy
Citizen cosponsors
0
In Congress
1/ 100
Senators cosponsoring
Introduced 2025-02-04
Joining the bill
Legislative timeline
2025-02-04 · senate · IntroReferral
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
2025-02-04 · IntroReferral
Introduced in Senate
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