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Van Hollen, Warren, Pressley, Garcia Applaud Fed Decision on Faster Payments
August 05, 2019
WASHINGTON, Aug. 5 -- Sen. Chris Van Hollen, D-Maryland, issued the following news release:

Today, U.S. Senators Chris Van Hollen (D-Md.) and Elizabeth Warren (D-Mass.) and Representatives Ayanna Pressley (D-Mass.) and Jesus "Chuy" Garcia (D-Ill.) applauded the Federal Reserve's decision to move forward on building a real-time payments system. Currently, Americans lose billions of dollars each year in overdraft fees, driving consumers to turn to more costly financial produ . . .

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