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.
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.
That already happens with credit cards and certain online businesses, though. E.g. https://finance.yahoo.com/news/pornhub-crackdown-credit-card-companies-170053200.html (from 2020 but there are other instances of it happening with sites like Backpage)