WASHINGTON (AP) — The White House is welcoming a congressional measure killing the ability of millions of Americans to band together to sue bank or credit card companies to resolve financial disputes in a major win for Wall Street. The Senate narrowly voted late Tuesday night to nullify the rule, with Vice President Mike Pence casting the final
White House Applauds Vote Removing Right To Sue Banks, Credit Card Companies
The banking industry had been lobbying hard to roll back the regulation from the Consumer Financial Protection Bureau.