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releases: http://pittenger.house.gov//media-center/press-releases/pittengers-online-banking-legislation-unanimously-approved

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Data license: MIT · Data source: dwillis/congress-press

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url title date year month party chamber state member_name bioguide_id domain scraper source date_source text has_text collected_at updated_at
http://pittenger.house.gov//media-center/press-releases/pittengers-online-banking-legislation-unanimously-approved Pittenger's online banking legislation unanimously approved 2014-12-02 2014 2014-12 Republican House NC Robert Pittenger P000606 pittenger.house.gov     legacy FOR IMMEDIATE RELEASE   HOUSE OF REPRESENTATIVES UNANIMOUSLY APPROVES CONGRESSMAN PITTENGER’S LEGISLATION TO SIMPLIFY ONLINE BANKING   WASHINGTON – Today, the U.S. House of Representatives unanimously approved Congressman Robert Pittenger’s bipartisan legislation to study and update 1980s-era regulations rendered obsolete by modern banking technology. The Regulation D Study Act (H.R. 3240) targets rules which limit online transfers and automatic withdrawals involving savings accounts to only six transactions per month.  Credit unions and banks report that many customers are hit with unnecessary overdraft fees when Regulation-D blocks automatic overdraft protection transactions. “The regulators who created this rule never envisioned online banking and modern banking technology,” said Congressman Pittenger (NC-09).  “As technology advances, we need to make sure federal regulations keep pace. We can continue to protect the financial system while allowing families more flexibility to use online banking tools.” Continuing Congressman Pittenger’s effort to find bipartisan solutions to America’s problems, H.R. 3240 was introduced with the support of Congresswoman Carolyn Maloney, a senior Democrat from New York City. Click here for full video of Congressman Pittenger and Congresswoman Maloney urging their colleagues to support H.R. 3240 ### 1 2026-03-30T12:14:52Z 2026-03-30T12:14:52Z
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