- United States
- Ky.
- Letter
Shame on You for Supporting the Overturning of the CFPB’s Overdraft Fee Cap
To: Sen. Paul, Sen. McConnell
From: A verified voter in Louisville, KY
March 28
I am appalled and disgusted by your vote to overturn the Consumer Financial Protection Bureau’s (CFPB) cap on overdraft fees. This decision not only betrays your constituents but shows your willingness to prioritize the profit-driven motives of large banks over the financial well-being of everyday Americans.
Your vote to eliminate these protections is nothing short of shameful. Overdraft fees burden the most vulnerable people in our society—those struggling to make ends meet—pushing them further into debt while banks continue to line their pockets. By siding with the very institutions that profit from this injustice, you’ve demonstrated a complete disregard for the hardships faced by the people you are supposed to represent.
I hope you reflect on the harm you’ve caused with this vote and recognize that history will remember this betrayal.