02/06/2025 02:43 pm
WASHINGTON—At the Senate Banking, Housing, and Urban Affairs hearing on debanking this week, Ranking Member Elizabeth Warren (D-MA) made the case for lifting the freeze on the CFPB to finalize rules that would help prevent debanking by addressing some of the root causes—from overdraft fee practices to discrimination because of someone’s religious or political beliefs, the Senate Banking Committee stated in a release.