House Votes to Override CFPB Small Business Lending Rule

December 06, 2023

Ballard Spahr LLP--John L. Culhane, Jr., Richard J. Andreano, Jr., Michael Gordon & Alan S. Kaplinsky

The House of Representatives has voted to override the CFPB’s final Section 1071 small business lending rule following the Senate's vote to override the 1071 rule and the President is also expected to Veto the resolution and there is unlikely to be sufficient votes to override his veto.

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