Goodbye to abusive overdraft fees: The new rule the Biden administration plans to impose on banks
Thanks to new rules implemented by the Biden Administration and the Consumer Financial Protection Bureau (CFPB), large banks will no longer be able to charge excessive overdraft fees. These putative fees can create major financial challenges,
Lindsey Johnson, Consumer Bankers Association president and CEO, joins 'Squawk Box' to discuss the organization's lawsuit ...
The Consumer Financial Protection Bureau finalized a rule that caps overdraft fees.
CFPB’s new rule ends overdraft profits. Big banks must cap fees at $5, use cost-basis or fully disclose terms, saving US ...
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