Virtual Legality

Author: Richard Hoeg

Virtual Legality is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).
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Language: en

Genres: Leisure, News, News Commentary, Video Games

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Legal Analysis | Executive Orders, Politicized Debanking, and the Cost of Steam's Surrender (VL)
Wednesday, 20 August, 2025

Lawyer Richard Hoeg explores the legal complexities surrounding an executive order on fair banking. He clarifies misunderstandings about US government branches and examines challenges in implementing objective banking standards. The episode explores the concept of politicized debanking, its implications, and the roles of federal regulators and the SBA. Hoeg discusses legislative and regulatory responses, the SBA's 7(a) loan program, and FTC Act Section 5's implications. He addresses legal challenges to FTC authority and executive order limitations, concluding with Steam's response and broader legal implications.