USIPS participates in the federal rulemaking process by submitting public comments on proposed regulations that affect digital rights, financial access, and Internet freedom.
Prohibition on Use of Reputation Risk or Other Supervisory Tools To Encourage or Compel Banking Organizations To Engage in Politicized or Unlawful Discrimination
Proposed Rule
Proposed rule to remove "reputation risk" from the Board's supervisory framework, acknowledging it has been used to pressure banks into denying services to lawful businesses.
Our Response
USIPS supports the objective but argues the rule is insufficient: it only constrains the Board, not banks themselves. We propose affirmative fair access requirements, mandatory documentation for service denials, and a right of notice and appeal for affected businesses.