The Fabric

Mike Ring, President and CEO of Old Glory Bank, had the honor of testifying before the Senate Banking Committee to share the story and mission of Old Glory Bank.

What an incredible day for Old Glory Nation! Mike Ring, President and CEO of Old Glory Bank, had the opportunity to testify before the Senate Banking Committee about Debanking, to fight for America’s right to fair and unbiased financial services.

Any investment equation involves factors to consider. What is the opportunity worth? How much can I afford to invest? How has this company performed so far, and what goals is it striving for? Why do I feel passionate about this organization or cause? How will this investment benefit my family today or in the future?  

We’ve been saying it for years. We built Old Glory Bank for this mission: Americans have a right to freedom in banking. The right people are finally listening.

Old Glory Bank CEO and President, Mike Ring, contacted Senator Tim Scott with his perspective on debanking in America.

Visit Banking.Senate.gov to read more and watch the hearing live.

As the world moves further into the digital age, financial innovations are emerging in the digital currency space that are taking up much of the public discourse: Central Bank Digital Currencies (CBDCs) and cryptocurrencies.

While both operate digitally, the key distinction lies in who controls them and what that means for personal financial autonomy.

Big Government. 

In a groundbreaking announcement, Mark Zuckerberg declared yesterday that Meta will be ending its use of content moderators, signaling a major shift towards free expression on its platforms.

This decision couldn't come at a better time for those of us in the banking sector, particularly for those who have been vocal advocates for financial freedom and the right to hold one's political views without fear of reprisal.

On December 23, 2024, a three-judge panel of the Fifth Circuit Court of Appeals lifted U.S. District Judge Amos Mazzant’s nationwide block of the Corporate Transparency Act.

Bad news came down the wire for small business owners on Monday, December 23, 2024, when a three-judge panel lifted the nationwide block of the Corporate Transparency Act, which we’ve discussed recently on our blog. Judge Mazzant of the US District Court for the Eastern District of Texas granted a preliminary injunction against the CTA, ruling that it falls outside of Congress's powers. That injunction is now lifted, and the CTA is back.