January 28, 2025

Scott Announces Witnesses for Debanking Hearing

Washington, D.C. – Chairman Tim Scott (R-S.C.) today announced witnesses for the upcoming Senate Banking Committee hearing focused on debanking on February 5, 2024.

WHAT: Senate Banking Committee Hearing: “Investigating the Real Impacts of Debanking in America.”

WHEN: February 5, 2025 at 10:00am ET

WHERE: 538 Dirksen Senate Office Building

WHO:

  • Nathan McCauley, CEO & Co-Founder, Anchorage Digital
  • Evan Hafer, Founder and Executive Chairman, Black Rifle Coffee Company 
  • Stephen Gannon, Partner, 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.

BACKGROUND:

Ahead of the Senate Banking Committee’s hearing on debanking, Chairman Scott is encouraging businesses and individuals who have been debanked to report allegations to his committee staff. To share such information with Chairman Scott’s staff, please email RepWhistleblowers@banking.senate.gov or call 202-224-4287. Please include your business, agency, or organization; details of your allegation; and a phone number or email address where we may reach you.

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