Mr. Speaker, I yield 3 minutes to the gentleman from California (Mr. Sherman), who is also the ranking member of the Subcommittee on Capital Markets.
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Mr. Speaker, I also point out that this bill is opposed by over 40 organizations and investor advocates. I include in the Record the letter these groups signed indicating their opposition to H.R. 4790. September 17, 2024. Re Opposition to…
Mr. Speaker, I yield 5 minutes to the gentleman from New York (Mr. Espaillat), who is also the sponsor of this bill.
Mr. Speaker, I yield myself the balance of my time. Mr. Speaker, Seth Frotman, CFPB's former general counsel and student loan ombudsman summed up our current situation well. He testified: ``You, your family, your neighbors, and your…
Mr. Speaker and Members, I think Mr. Hill said many banks do not charge overdraft fees. Then why are they opposed to $5? Mr. Speaker, I yield 1 minute to the gentlewoman from Massachusetts (Ms. Pressley).





