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@[email protected] to politics @lemmy.world • 3 months ago

Republicans Vote to Let Banks Screw Over Working Americans

www.rollingstone.com

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  • [email protected]
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Republicans Vote to Let Banks Screw Over Working Americans

www.rollingstone.com

@[email protected] to politics @lemmy.world • 3 months ago
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18
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  • cross-posted to:
  • [email protected]
Senate Republicans voted 52-48 to advance a repeal of a Consumer Financial Protection Bureau rule capping bank and credit union overdraft fees at $5.
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  • Cruxifux
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    30•3 months ago

    What else is new

  • @[email protected]
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    45•3 months ago

    While in Canada, the government is working to cap it at $10, in the US the government is telling the lower income families to go fuck themselves. Disgusting.

  • @[email protected]
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    61•3 months ago

    Punish the poor for being poor, and charge them even more.

    Yeah this is definitely what all these republican christians think jesus would have wanted. Psychopaths.

    • @[email protected]
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      23•3 months ago

      If any of these people actually believed in Jesus’ teachings, they would likely consider trump the antichrist. But, here we are

      • @[email protected]
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        5•3 months ago

        Fuckin hell. I don’t believe in Jesus, but I still somehow think that Trump is the antichrist.

  • @[email protected]
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    8•3 months ago

    That is one durable paywall. Here’s a NYT gift link if any fellow poors want to read about it. https://www.nytimes.com/2025/03/27/us/politics/overdraft-fees-limit-cfpb.html?unlocked_article_code=1.7U4.0eSp.lp_fuOgr-Bs3&referringSource=articleShare

    • @[email protected]OP
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      7•3 months ago

      Paywall removed

      https://archive.is/k3k7w

      • @[email protected]
        cake
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        1•3 months ago

        Funny, I use a macro for this and it just wouldn’t work for me. Thanks.

  • Pennomi
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    35•3 months ago

    The very idea of overdraft is stupid in the modern world. Just deny the transaction if I don’t have the money.

    • @[email protected]
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      6•3 months ago

      The easy solution is to just disable overdraft protection, and that’s exactly what will happen.

      • @[email protected]
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        7•3 months ago

        Cant with my bank… they took away the option.

        • JWBananas
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          3•3 months ago

          Are you in the US? They can’t. It’s legally required to be opt-in with affirmative consent.

          • @[email protected]
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            1•3 months ago

            what they can do is burry the setting on the website and make it impossible to find. Or have it error out every time you try to change it.

  • @[email protected]
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    4•3 months ago

    It sucks that it was passed yet my bank never only charged me 5 bucks…

  • @[email protected]
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    4•3 months ago

    What’s the actual logic for how it would benefit consumers?

    • Catma
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      1•3 months ago

      If you think of the banks as your only consumer i guess it makes sense.

  • @[email protected]
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    8•3 months ago

    Corruption runs deep

  • @[email protected]
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    19•3 months ago

    quoting Mel Brooks’s Roman senate “…fuck the poor!”

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