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Key TakeawaysCongress passed a law last week overturning the Consumer Financial Protection Bureau's $5 overdraft fee cap, ...
Biden had called the fees, which can be as high as $35 per transaction, “exploitative,” and consumer advocates point out they ...
A few dollars here and there might not seem like much, but checking account fees can get very expensive. If customers don't ...
Banks had previously sued the CFPB over these rules and caps on credit card late fees. “Without access to overdraft protection, many Americans would be driven to less regulated and higher risk ...