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White House welcomes Senate vote killing consumer’s ability to sue banks or credit card companies
October 25, 2017 /
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
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Posted in: Government News & Events
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