Advertisement

Senate Passes Repeal Of Planned CFPB Rule03:47
Download

Play
This article is more than 3 years old.

In a 51-50 vote Tuesday night, the Senate repealed an Obama-era rule that makes it easier for consumers to engage in class-action lawsuits against financial institutions.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.

Related:

Advertisement

Advertisement