Chairman Tim Scott has announced the witnesses for an upcoming Senate Banking Committee hearing on debanking, scheduled for February 5, 2025. The hearing will take place at 10:00 am ET in the Dirksen Senate Office Building, room 538.
The session is titled "Investigating the Real Impacts of Debanking in America." Witnesses include Nathan McCauley, CEO and Co-Founder of Anchorage Digital; Evan Hafer, Founder and Executive Chairman of Black Rifle Coffee Company; and Stephen Gannon, Partner at Davis Wright Tremaine LLP.
"This hearing will provide an important opportunity to hear directly from Americans who operate federally legal businesses and have been debanked. It will also allow the Banking Committee, and the American public, to learn more about whether there was improper influence by financial regulators. Debanking is unacceptable and un-American - this hearing is the first step in our efforts to hold bad actors accountable," said Chairman Scott.
In preparation for the hearing, Chairman Scott encourages those affected by debanking to report their experiences to his committee staff. Information can be shared via email at RepWhistleblowers@banking.senate.gov or by calling 202-224-4287. Individuals are asked to include details about their business or organization and contact information.