White House welcomes Senate vote killing consumer’s ability to sue banks or credit card companies

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 vote to break a 50-50 tie. The measure now goes to President Donald Trump for his signature.

By KEVIN FREKING Associated Press

https://www.bozemandailychronicle.com/ap_news/politics/white-house-welcomes-senate-vote-killing-consumer-rule/article_58861c59-eff1-5ff6-97e0-3df1aafec20c.html