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WASHINGTON—House Financial Services Committee Chairman French Hill (R-AR) and Senate Banking Committee Chairman Tim Scott (R-SC) have introduced Congressional Review Act (CRA) resolutions to overturn the CFPB's final rule capping overdraft fees at $5 for FIs above $10 billion in assets.

WASHINGTON—The proposal from Sens. Bernie Sanders (I-VT) and Josh Hawley (R-MO) to cap credit card interest rates at 10% would severely limit access to credit for individuals and small business owners who rely on personal credit cards for liquidity, the American Bankers Association and 52 state bankers associations wrote to the senators, the ABA Banking Journal reported.

HONOLULU--The Defense Credit Union Council recently held its fifth annual Hawaii Sub-Council luncheon.