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Senate Passes Repeal Of Planned CFPB Rule
ResumeIn a 51-50 vote Tuesday night, the Senate repealed an Obama-era rule that makes it easier for consumers to engage in class-action lawsuits against financial institutions. Opponents of the rule say that it was overreach on the part of the Consumer Financial Protection Bureau.
Here & Now's Meghna Chakrabarti gets an update on the repeal from NPR's Chris Arnold (@Chris_ArnoldNPR).
This segment aired on October 25, 2017.