Open banking protects your financial freedom. It gives you control over your money and your data, making sure big banks can’t decide how you use it.
Here’s one little-known but powerful impact: open banking keeps your contributions to your candidates and causes flowing seamlessly through online fundraising platforms. Every recurring donation you make is faster, easier, and more secure because open banking lets you connect your bank account directly to the tools that support the candidates you believe in — without interference or bank-imposed fees.
This freedom is protected by Section 1033, a rule started under President Trump. Thousands of Americans have already spoken up to defend it — and for good reason. The Washington Examiner highlighted how open banking safeguards religious freedom and prevents Americans from being debanked over their beliefs. This is about more than innovation; it’s about protecting your rights.
Big Wall Street banks are lobbying to roll back these protections. They want to lock you into their products, limit competition, and make it harder for you to support the candidates and causes you believe in. Without a strong 1033 rule, tools like recurring donations would be jeopardized, requiring you to re-enter your gift each month rather than seamlessly continuing your support.
That’s why open banking matters — not just for your money, but for your freedom. Protect it, and you protect America’s innovation, competitiveness, and the ability to give where it counts.