Weekly Legislative Update: Budget Progress, CFPB Rule Overturned, and State Deadlines

U.S. District Court Judge Approves CFPB Settlement Over Credit Card Late Fees: Yesterday, a U.S. District Court judge approved the CFPB's settlement in a lawsuit where it agreed to vacate its credit card late fees final rule that set a cap on overdraft protection programs. 

Weekly Legislative Update: Budget Progress, CFPB Rule Overturned, and State Deadlines: The House narrowly passed its budget resolution Thursday morning in a 216-214 vote, following Senate approval. This marks a major step in the federal budget process, allowing Congress to begin working on the formal budget reconciliation package. 

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