Kim Perales (@[email protected])

"The #CFPB instituted a $5 cap on overdraft fees under Biden (would've saved consumers $5B/yr). Thankfully for major banking insts & unfortunately for working Americans -Trump won, & with his admin’s blessing, Rs just advanced leg to repeal the cap on overdraft fees. The Senate voted 52-48 on Thurs in favor of a resolution from Sen Banking CMTE CHM Scott to repeal the rule. He'd the gall to say that removing the cap on overdraft fees would be “good for consumers." #USPol https://www.rollingstone.com/politics/politics-news/republicans-vote-repeal-cap-bank-overdraft-fees-1235304880/