Dome of U.S. Capitol in a black and white photo. Source: Shutterstock.

Despite objections from CUNA and NAFCU, the House of Representatives passed the Comprehensive Debt Collection Improvement Act on Thursday.

The bill, H.R. 2547, was sponsored by House Financial Services Committee Chairwoman Rep. Maxine Waters (D-Calif.) and passed the House with a 215-207 vote.

Michael Ogden

Editor-in-Chief for CU Times.

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