FSC Meets With Congress Over Banking Discrimination

FSC Meets With Congress Over Banking Discrimination

WASHINGTON — FSC staff this week met with key House and Senate offices in a series of meetings discussing banking discrimination against the adult industry.

Industry representatives in the delegation included FSC Executive Director Alison Boden, FSC Board Chair Jeffrey Douglas, FSC Director of Public Affairs Mike Stabile, content creator Allie Eve Knox and Spankchain founder Ameen Soleimani. 

“We spoke openly about the discrimination our members face, as well as the higher rates attached to adult transactions,” Mike Stabile explained. “Members of both parties regarded our situation seriously, and nearly everyone committed to help find a solution. This spring, after the new Congress is sworn in, we are looking toward more meetings and bringing more of you to Washington.”

Stabile added, “To say that this is historic is a bit of an understatement. We are now engaged in a process that could create stable banking for the adult industry and its workers, and hopefully end the predatory fees charged by credit cards and financial services.”

In the coming weeks, the FSC will be working to better document issues faced by its members, in order to provide both stories and clear data on the scope of the issue to legislators — a step Stabile sees as crucial to the success of the project.

“We were only able to make this trip thanks to last minute donations, pro bono work and creativity,” Stabile said. “We’ve shown it can be done, but we will need much more than that if we’re going to push what we’ve started to the finish line.”

FSC is encouraging all stakeholders to join the FSC Summit on the last day of the XBIZ LA conference on Jan. 12, 2023 in Los Angeles. The group is hosting a special banking discrimination panel and strategy session, where FSC representatives will be able more fully to discuss the DC trip and what lies ahead. 

Those who are not currently FSC members are encouraged to join now. Those who are already members are encouraged to give to the FSC Action Fund.

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Tiffani Time Makes Her WIFEY Debut

Newly crowned XMA Creator Awards Rising Clip Creator Tiffani Time stars with her husband Benfit and Jax Slayher in the latest release from Vixen Media Group studio imprint WIFEY.

Karmen Karma Stars in Latest From Ricky's Room

Karmen Karma stars in the latest release from Ricky's Room, titled "A Long Time Cumming."

FSC Publishes Analysis of Federal Trade Commission Event Promoting AV

Free Speech Coalition (FSC) has published an analysis of a Federal Trade Commission (FTC) event held this week that promoted age verification among other forms of speech regulation.

Cubbi Thompson Makes Her Jules Jordan Debut

Cubbi Thompson has made her Jules Jordan debut alongside Lexington Steele in the studio's latest release.

Seth Gamble Drops Trailer for Upcoming Feature 'Once Upon a Time in the Valley'

Multi-XMAs winner Seth Gamble has released the trailer for his upcoming Wicked Pictures feature, "Once Upon a Time in the Valley."

Ryan Reid Stars in Latest From Brazzers

Ryan Reid stars with Damon Dice in “A Day in the Life,” from Brazzers.

Andylynn Payne Toplines Joey Silvera's 'Trans-Active 30'

Andylynn Payne headlines director Joey Silvera’s “Trans-Active 30” from Evil Angel.

Violet Myers, Megan Faith Star in Latest From Slayed

Reigning XMAs Premium Social Creator of the Year Violet Myers stars with Megan Faith in the latest release from Vixen Media Group studio imprint Slayed.

Coco Bae Returns to Brazzers

Coco Bae stars with Danny D. in the latest release from Brazzers, titled “The Cock Collector.”

GirlsDoPorn Owner Michael Pratt Pleads Guilty to Sex Trafficking

Michael Pratt, former owner of the rogue website GirlsDoPorn, pleaded guilty in the U.S. District Court for the Southern District of California on Thursday to sex trafficking and conspiracy to commit sex trafficking charges, according to a report by City News Service.

Show More