Van Hollen, Warren, Pressley, Lynch Reintroduce Bill to Provide Americans Immediate Access to Money in Their Bank Accounts
July 19, 2023
July 19, 2023
WASHINGTON, July 19 -- Sen. Chris Van Hollen, D-Maryland, issued the following news release:
U.S. Senators Chris Van Hollen (D-Md.) and Elizabeth Warren (D-Mass.) and Representatives Ayanna Pressley (D-Mass.) and Stephen Lynch (D-Mass.) reintroduced the Payments Modernization Act, legislation to make Americans' funds deposited in their bank accounts immediately available for withdrawal. Right now, Americans lose billions of dollars each year in overdraft fees, driving consumers . . .
U.S. Senators Chris Van Hollen (D-Md.) and Elizabeth Warren (D-Mass.) and Representatives Ayanna Pressley (D-Mass.) and Stephen Lynch (D-Mass.) reintroduced the Payments Modernization Act, legislation to make Americans' funds deposited in their bank accounts immediately available for withdrawal. Right now, Americans lose billions of dollars each year in overdraft fees, driving consumers . . .