The Treasury Department is warning that state laws that restrict banks from considering environmental, social and governance factors could harm efforts to address money laundering and terrorism financing.

Maybe that’s the point.

  • ArbitraryValue
    link
    fedilink
    English
    arrow-up
    13
    ·
    5 months ago

    A few years ago, a friend was telling me about how much access to the financial system is a problem for (legal) sex workers. I wonder if this law protects them too.

    • FireTower@lemmy.world
      link
      fedilink
      arrow-up
      5
      ·
      5 months ago

      It looks like it might to me unless there’s a quantitative, impartial, and risk based reason or a “rating, scoring, analysis, tabulation, or action that considers a social credit score” the decision to deny them credit would be illegal for my understanding. Unless there’s some justifiable monetary reason for them to deny service legal sex workers should be covered.

      HB 3 Florida 2023 session