The US Senate Banking Committee voted 13-11 to pass the Financial Integrity and Regulation Management Act, which aims to limit federal regulatory agencies from using reputation risk as a basis for supervising financial institutions. The bill was proposed by Senator Tim Scott to address concerns in the cryptocurrency industry about "debanking". The bill also involves other reputation risk issues such as political groups. The committee has reviewed multiple amendments, including those related to the Safer Banking Act, and passed a management amendment to adjust banking regulatory standards. （TheBlock） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=39446