The full Senate voted 52-48 to pass the Congressional Review Act resolution. Senate Banking Committee Chairman Tim Scott, R-S.C., introduced the joint resolution, which he said is "good for consumers." (WTF?)
Sen. Josh Hawley, R-Mo., was the only Republican to join Democrats in opposing the resolution, questioning, "Why would we help the big banks at the expense of working people?" he said to reporters.
Democratic lawmakers have argued against the resolution, stating that removing caps would simply raise costs for consumers.
Posted by BoringStockAndroid
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Holy fuck, Hawley on the correct side is more surprising than the actual rescinding of the rule. Once they removed the bureau that enforced consumer protection, the protections themselves were obviously next.