WASHINGTON >> The Republican-led Senate narrowly voted Tuesday to repeal a banking rule that would let consumers band together to sue their bank or credit card company to resolve financial disputes.

Vice President Mike Pence cast the final vote to break a 50-50 tie. The banking industry had been lobbying hard to roll back the regulation from the Consumer Financial Protection Bureau. The bureau had moved to ban most types of mandatory arbitration clauses found in the fine print of agreements consumers often enter into when opening a checking account or getting a credit card.

The vote reflects the effort of the Trump administration and congressional Republicans to undo regulations the GOP argues harms the free market. The measure now moves to President Donald Trump’s desk for his signature.

ON THE MOVE

University Health Alliance, UHA Health Insurance, has promoted Lauren M. Esposo to client services manager from client services supervisor. Esposo first joined UHA in 2011 and has served as a direct in-house account representative as well as an underwriter and broker account supervisor.

The East-West Center board of governors has reappointed the board’s chairman and selected two vice chairmen:

>> Richard Turbin has been reappointed as chairman for another one-year term. Turbin has been an attorney for 40 years in Honolulu and served as a partner at the law firm of Turbin Chu Heidt.

>> Kurt M. Campbell has been selected as a vice chairman. From 2009 to 2013 he served as an assistant secretary of state for East Asian and Pacific Affairs. Campbell currently is chairman and chief executive officer of the Asia Group strategic advisory and capital management firm as well as chairman of the Center for a New American Security.

>> James Kapae‘alii Scott has been selected as a vice chairman. He is Punahou School’s 16th president since 1994. Scott is also active in a variety of business and nonprofit leadership roles at the national and local levels.