Rocky Mountain Voice

Tag: Financial Regulation

GOP Lawmakers Push To Bar Illegal Immigrants From US Banking System
The Daily Signal, Approved, National

GOP Lawmakers Push To Bar Illegal Immigrants From US Banking System

By Pedro Rodriguez | The Daily Signal FIRST ON THE DAILY SIGNAL—Citing concerns that access to financial services incentivizes illegal immigration and could aid terrorism, Rep. Keith Self, R‑Texas, introduced legislation Thursday that would bar illegal aliens from the U.S. banking system by requiring banks to collect customers’ citizenship or immigration status. “Access to America’s financial system is reserved for those who respect our laws—not for illegal aliens who break them,” Self told The Daily Signal. “Those who enter illegally should not be rewarded with taxpayer‑backed banking services. This legislation draws a hard line: If you are here illegally, you will not have access to our financial system.” The bill would prohibit covered financial insti...
The hidden impact of two Colorado bills: Privacy risks few are talking about
Rocky Mountain Voice, Commentary, State, Top Stories

The hidden impact of two Colorado bills: Privacy risks few are talking about

By Maria Orms | Guest Commentary, Rocky Mountain Voice When I heard about two bills recently proposed in the Colorado State Legislature, I don’t want to sound overly dramatic—but I felt a real chill. Right now, our Constitution and modern technology are on a collision course. We’re being forced to decide how to embrace powerful tools without sacrificing privacy and the rights those tools were never meant to undermine. Consider the debate over Flock cameras in Denver: 400 to 800 people showed up to a community meeting in November, and another 24,000 watched online. People are paying attention—and they’re concerned. Yet these new bills are moving forward with little fanfare and even less public scrutiny. Because they deal with technology, they’re easy to overlook—but their poten...
Mexican-Linked Group Pressures U.S. Banks to Lend to Illegal Immigrants
National, Approved, Daily Wire

Mexican-Linked Group Pressures U.S. Banks to Lend to Illegal Immigrants

By Spencer Lindquist | The Daily Wire A far-left organization partnered with financial institutions, activist groups, and the Mexican consulate to push banks to offer mortgage loans to illegal aliens and “protect undocumented immigrants.” Rise Economy, a leftist organization formerly called the California Reinvestment Coalition, was behind a report advocating for mortgage loans to be made available to illegal aliens who obtain an Individual Taxpayer Identification Number (ITIN), a financial tool that often enables illegals to obtain home and auto loans. The report indicates that the marketing and distribution of loans to illegal aliens, which The Daily Wire has documented extensively, may in part be the result of leftwing ideology and activism ra...
No to CBDCs, yes to dollar-backed crypto: Trump signs GENIUS Act
Washington Examiner, Approved, National

No to CBDCs, yes to dollar-backed crypto: Trump signs GENIUS Act

By Ross O'Keefe | Washington Examiner https://www.youtube.com/live/iRPsG-Nxko4?feature=shared President Donald Trump is signing the GENIUS Act, which will regulate stablecoin cryptocurrencies, whose values are pegged to the U.S. dollar, at around 2:30 p.m. Friday. Trump needed to convince about a dozen Republicans to vote for the bill after they stalled it due to certain provisions not included in the bill, namely, the lack of a ban on central bank digital currency. They agreed to vote for it after the president’s intervention. READ THE FULL STORY AT THE WASHINGTON EXAMINER

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