S 379

No Red and Blue Banks Act

Summary

No Red and Blue Banks Act This bill prohibits the General Services Administration from awarding a contract to a depository institution insured by the Federal Deposit Insurance Corporation if the institution avoids doing business with companies based solely on social policy considerations.

Bill status

Status
In committee
Sponsor
Sen. John Kennedy [R-LA]
Cosponsors
1
Policy area
Finance and Financial Sector
Introduced
2025-02-04
Latest action
2025-02-04: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Committee referrals

Recent actions

  • 2025-02-04: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
  • 2025-02-04: Introduced in Senate