Americans for Free Markets

South Carolina doesn't need more bureaucratic red tape. It needs a consistent national standard. Executive Director @dlibsen joined @PointRadioSC to discuss why a federal solution – led by @SenatorTimScott's FIRM Act – is the right path forward, not a 50-state patchwork:

REIN IT IN: Unelected bureaucrats shouldn't decide who gets a bank account. A national fair access standard — NOT a patchwork of state laws — is the right solution for American businesses and consumers. More from @A1Policy:

State-by-state debanking legislation creates inconsistent, conflicting rules that burden community banks and consumers. One clear federal standard ensures consistent, fair access to banking for all Americans. @A1Policy lays it out:

BAD FOR BIZ: South Carolina’s community banks & small businesses could face higher costs under a new state mandate. Supporting @POTUS & @SenatorTimScott’s federal solution to end government-driven debanking is the best way to protect SC’s economy. @dlibsen in @PointRadioSC:

South Carolina is the fastest-growing state in the country – built on a pro-growth, limited red-tape environment. @dlibsen explains in @PointRadioSC why a new state banking bill could raise costs and undermine the free market while federal reforms are already underway:

Executive Director @dlibsen testified before South Carolina legislators — urging them to support @POTUS & @SenatorTimScott’s federal efforts to end government-driven debanking, warning that the Guarantee Banking Act could stifle progress & increase costs. See what he said:

.@RSI breaks it down: the @WhiteHouse’s AI framework calls for a “minimally burdensome” national standard, not a fragmented system of state-by-state mandates that risk holding innovation back. Read their latest report: rstreet.org/commentary/whi…

A new @RSI report highlights why the @WhiteHouse’s national AI framework matters – without it, conflicting state laws could throw a wet blanket on innovation. Read why commonsense policy is key for AI innovation: rstreet.org/commentary/whi…

ICYMI: @GovernorKayIvey recently issued an executive order in support of @POTUS’ leadership to ensure fair access to banking services for all Americans. We applaud Alabama’s work to follow the Trump administration’s lead in safeguarding consumers and enacting protections to rein in government-driven debanking at the federal level.

Read more: trib.al/OJFKa5M “[Americans] don’t want regulators playing favorites or punishing businesses for political reasons,” argues David Ibsen @ForFreeMarkets

“When regulatory standards shift with the political winds, everyone loses. Entrepreneurs hesitate to innovate. Lenders restrict credit. Communities lose access to financial services,” writes David Ibsen @ForFreeMarkets trib.al/7iWpcfa

.@POTUS’ market-driven AI framework supports innovation while setting clear, consistent guidelines across the U.S. Without a federal standard, conflicting state laws could slow growth and weaken our nation’s competitive advantage. More on why we’re applauding the framework:

.@POTUS’ federal policy framework on AI puts American businesses and families first – advancing safeguards, streamlining permitting, and supporting innovation and workforce readiness. More:

AFFM applauds @POTUS and his administration's approach to developing a market-centered national AI framework that promotes American innovation while protecting fundamental rights. Read our statement on how a strong federal standard is key to maintaining U.S. competitiveness: forfreemarkets.org/affm-applauds-…

Clear rules. Objective standards. Less political pressure. Our national survey findings show strong bipartisan support for ending government-driven debanking by establishing a clear, objective national fair access standard. Read the full findings:

The American public is sending a clear message: banking oversight should be based on facts, not politics. New national survey results show overwhelming bipartisan support for objective standards. More on AFFM’s recent findings:

When regulators rely on vague or subjective standards, trust erodes. Our latest survey shows growing consensus amongst bipartisan voters that modernizing outdated banking rules can ensure fair access to banking services. Read our newest survey results: forfreemarkets.org/affm-survey-re…

.@dlibsen said it best: More government interventions only add red tape and hurt consumers. Watch why even well-intentioned government regulations backfire, underlining the need for a national fair access standard to banking from Congress:

Pleasure to join @SuperTalkNews and @MidDaysGerard to discuss fair access and debanking in MS!