Sofia Arguello attended the 2025 Antitrust in the Americas Conference. The conference explored the latest in competition, data privacy, and consumer protection across the Americas. It featured in-depth panels on the most pressing competition enforcement and policy issues shaping markets in the region, with insights from top government enforcers, corporate counsel, and leading practitioners. 

On March 6, 2025, Senate Banking Committee Chairman Senator Tim Scott (R-SC) introduced the FIRM Act, a bill that would prohibit financial regulators from considering reputational risk as a factor in their assessment of financial depository institutions. On April 8, Congressmen Andy Barr (R-KY) and Ritchie Torres (D-NY) introduced a companion bill to the House of Representatives. The bills are a response to bipartisan concern about improper “debanking,” the practice of banks shutting down accounts of or refusing services to high-risk customers. While banks have broad discretion over customer accounts, some policymakers believe that banks have unfairly restricted access to financial services for certain groups and industries out of concern about their associated reputational risk.