Protecting Consumers from Political Discrimination by Large Banks

March 31, 2025
1 min read

Senate Bill 663 (2025)

Senate Bill 663 aims to protect West Virginians from financial discrimination by prohibiting large banks (with assets over $100 billion) from closing accounts or denying services based solely on a person’s lawful political beliefs, legal activities, or affiliations. The bill ensures that no individual or business is “debanked” for exercising their constitutional rights, such as free speech or lawful firearm ownership.

VOTE RESULT: YES

25 to 9

The Family Policy Council supports this legislation.

Why We Support This Bill

This bill defends the fundamental freedoms that underpin our republic — especially free speech and the right to participate fully in society without fear of punishment by powerful, unelected corporations.

It protects law-abiding citizens from being financially silenced for their beliefs or legal activities, preserving economic freedom and personal liberty.

Supporting this bill is about standing up to big banks that have increasingly used their unchecked power to undermine political beliefs contrary to the policies of banking elites, interfering in everyday Americans’ lives. West Virginians deserve to keep their financial rights intact and their voices heard.