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Amendment clarifies that the bill does not prevent Federal banking regulators from requesting or requiring a financial institution to terminate a relationship with a customer because (1) the customer poses a threat to national security, (2) is engaged in terrorist financing, (3) is doing business with Iran, North Korea, Syria, or another State Sponsor of Terrorism, or (4) is doing business with an entity in any of those countries.

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Actions (2)

Date All Actions
02/04/2016On agreeing to the Sherman amendment (A001) Agreed to by voice vote.
02/04/2016Amendment (A001) offered by Mr. Sherman. (consideration: CR H578-579; text: CR H578)