The Telephone Consumer Protection Act (TCPA) was enacted in 1991, when landlines were king, as a response to consumer complaints of unwanted harassing telemarketing calls.
Small banks lobbied waffling Republicans to scrap rule that would have made it easier to sue financial industry.
CUNA July 14, 2017
Congressional Republicans’ latest financial reform plan may have little chance of becoming law in its entirety, but there’s one piece on which both parties should agree: providing relief for small banks and credit unions.
WASHINGTON—Sen. Elizabeth Warren said Tuesday that Senate Democrats are willing to pursue targeted changes for regulations affecting community banks and credit unions as Congress moves to review postcrisis financial regulations.