CFPB overdraft rule repeal · House · Apr 9, 2025 · 217–211
Took Wall Street and hedge funds money, voted Wall Street and hedge funds's way: 52%. Took none: 38%.
52%
of 388 funded members voted its way
vs
38%
of 40 unfunded members did
$239K
average from the industry, members who voted its way
$184K
average from the industry, members who defied it
54
clients paid lobbyists to work this bill, $229M in the quarters they named it
Paid, and voted with the industry
- J. Hill$1.9M
- Bryan Steil$1.9M
- Bill Huizenga$1.8M
- Ann Wagner$1.4M
- Garland Barr$1.4M
Paid, and defied it
- Joyce Beatty$1.2M
- Gregory Meeks$1.1M
- Bill Foster$1.1M
- James Himes$1.1M
- Richard Neal$1.1M
Overturned the consumer bureau's rule capping big banks' overdraft fees at $5. The banking lobby's first win of 2025. Wall Street and hedge funds wanted yea. "Funded" means $10K+ from the industry across every run since 2020.
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