US Has Narrow Route to Block State Anti-'Woke’ Banking Laws (1)

Banks and federal policy makers in Washington want to limit the reach of laws in Florida and Tennessee requiring lenders to provide “fair access” to customers, but they face a narrow path thanks to the US Supreme Court.

One of the perks for banks carrying federal charters is that they can be shielded from state laws, either through litigation or by regulation from the Office of the Comptroller of the Currency, which oversees national banks. But the high court’s May ruling in Cantero v. Bank of America NA added hurdles to the OCC’s process for declaring state laws preempted by ...