New Florida Law Allows Action Against “Woke Banks”

Florida Politics reports:

Gov. Ron DeSantis has signed legislation giving bank customers who believe they’ve been discriminated against based on their political affiliations a way to file complaints against the financial institution.

The measure (HB 989) also includes several provisions important to Chief Financial Officer Jimmy Patronis and his Department of Financial Services. But DeSantis said cracking down on discrimination by banks against customers for political viewpoints was critically important.

He pointed to Moms for Liberty, which saw their PayPal account frozen for a brief period in 2022. DeSantis also mentioned the National Committee for Religious Freedom, an advocacy group, which had their account frozen by Chase Bank in 2022.

Read the full article. Complaints about “woke banks” will now trigger an investigation by the state agency that oversees financial institutions. As always in GOP land, businesses have the right to refuse service except when the customers are Christian, Republican, or right wing.

.@GovRonDeSantis signs measure to enhance protections against ‘debanking’

Reporting by @GrayRohrer#FlaPolhttps://t.co/sD4DVXZmXb

— Florida Politics (@Fla_Pol) May 2, 2024