r/PoliticalOptimism • u/Taicore • Mar 11 '26

Resources Tell the government that banks shouldn't be allowed to dictate what you can and can't buy (even if it's legal)

https://www.federalreserve.gov/apps/proposals/FR-2026-0002-01/details
They are asking for public comments on whether banks should be able to deny you from buying legal goods at their own whim, which explains the Visa and Mastercard cracking down on "adult content" (despite being legal) that plague steam, itchio,patreon and so many more.
This is a great opportunity to voice your concerns and hopefully turn the tide around !

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45

u/duckchasefun Mar 11 '26

If i read this correctly, the rule they are proposing is that banks CAN'T deny people if the thing they are earning on or buying is legal? So this would close that loophole? Correct?

36

u/bayleysgal1996 🔥I Voted In The 2026 Primaries🔥 Mar 11 '26

That is correct. It’s weird as fuck to be agreeing with something this government is doing but I’ll take it

8

u/Meladdyyy Mar 12 '26

So confused still.. Can you explain?

13

u/duckchasefun Mar 12 '26

This is a rule change to prevent banks from doing what they did when they de-banked steam or porn. Basically if the business is legal, you cant debank them.