Republicans Eye Making Bank Bill Even Weaker For Consumers - News Summed Up

Republicans Eye Making Bank Bill Even Weaker For Consumers


An amended version of the bill, introduced late Wednesday, would also give free credit monitoring to active-duty members of the military. “In exchange for this token benefit, they demanded consumers and service members give up their right to take Equifax to court the next time the company’s recklessness exposed sensitive financial data,” Brown said. “It takes away from these service members the right to sue,” Brown told HuffPost. The Congressional Budget Office noted in a cost estimate of the bill this week that the credit provisions would have a relatively small impact. “Medical debt is certainly not a sign of profligate spending.”This story has been updated to include additional details about the amended version of the bill.


Source: Huffington Post March 08, 2018 18:22 UTC



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