NEW YORK (AP) — The House voted Wednesday to overturn a rule that would have limited bank overdraft fees to $5, following the Senate in moving to dismantle the regulation that the Biden administration had estimated would save consumers billions of dollars.

The federal rule would have capped bank overdraft fees at $5 and was expected to save Americans billions annually.

Lawmakers also struck down a rule giving the Consumer Financial Protection Bureau supervisory power over tech companies’ payments apps.