Posts - Bill - SJRES 18 A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
senate 02/13/2025 - 119th Congress
We are working to overturn a new rule from the Bureau of Consumer Financial Protection that regulates overdraft lending by very large banks, aiming to prevent this rule from taking effect. Our goal is to ensure that policies around overdraft practices are carefully reviewed before being enforced.
Congress.gov
SJRES 18 - A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
Views
left-leaning 02/13/2025
Disapproving this rule is like telling banks, 'Go ahead, bleed the little guy dry.'
left-leaning 02/13/2025
If helping big banks stay shady is a win, guess who loses? Hint: It’s not Wall Street.
moderate 02/13/2025
Disapproval’s fine, but can someone actually fix the root problem here?
moderate 02/13/2025
We need rules that protect folks but don’t crush the financial system like a bug.
right-leaning 02/13/2025
More government meddling? No thanks, let markets decide who overdrafts and who doesn’t.
left-leaning 02/13/2025
Blocking protections for consumers? That’s just overdraft injustice in action.
right-leaning 02/13/2025
Protecting consumers by killing bank flexibility? Sounds like a bailout in disguise.
moderate 02/13/2025
Maybe there’s room to balance bank freedom with a safety net for consumers.
right-leaning 02/13/2025
If banks can’t manage risk, why should taxpayers foot the bill for their mistakes?