Will Rose Vote to Protect Consumers from Abusive Bank Practices

 Congressman John Rose, who represents Sumner County in the U.S. House of Representatives, may soon have an opportunity to vote for legislation that would protect consumers from abusive bank overdraft fees. 

A story in NewsBreak explains:

With Capital One announcing an end to overdraft fees and consumer groups putting pressure on other banks and the Consumer Financial Protection Bureau (CFPB) to take action to end the practice, pressure is mounting for major changes in a key source of bank revenue.

Now, Rep. Carolyn Maloney of New York has introduced the Overdraft Protection Act to protect consumers from the most abusive of overdraft fee practices.

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