Six Democratic senators introduced a bill Wednesday meant to prevent financial services companies from discriminating against customers.
The Fair Access to Financial Services Act would make it illegal for any U.S. bank, credit union, investment firm, broker or dealer, insurance company, or lender to reject a customer or limit their access to services based on their race, religion, country of origin, ethnicity, sexual orientation and gender identity.
The measure is spearheaded by Sen. Sherrod Brown (Ohio), the top Democrat on the Senate Banking Committee, and Sens. Elizabeth Warren (Mass.), Bob Menendez (N.J.), Cory Booker (N.J), Tina Smith (Minn.) and Chris Van Hollen (Md.). All but Booker are members of the Banking panel.
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