On the recordMay 22, 2024
I reserve the balance of my time. Mr. McHENRY. Mr. Chair, I yield 1 minute to the gentleman from Michigan (Mr. Huizenga), the chair of the Oversight and Investigations Subcommittee of the House Financial Services Committee.
I reserve the balance of my time. Mr. McHENRY. Mr. Chair, I yield 1 minute to the gentleman from Michigan (Mr. Huizenga), the chair of the Oversight and Investigations Subcommittee of the House Financial Services Committee.
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The CFPB has ordered institutions like Navy Credit Federal Union, Regions Bank, and Atlantic Union to refund millions of dollars to customers who've been harmed by the bank's illegal surprise overdraft fees.
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).