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On May 11, the Senate voted 52-47 (with three Republicans joining 49 Democrats) to pass a joint resolution under the Congressional Review Act (“CRA”) to disapprove of (i.e., rescind) the Office of Comptroller of the Currency’s final rule relating to “National Banks and Federal Savings Associations as Lenders” (the so-called “True Lender Rule”). https://www.cadwalader.com/resources/clients-friends-memos/marketplace-lending-update-9-to-thine-own-self-be-true-not-necessarily