Posted by: tps8249 February 8, 2024
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The Consumer Financial Protection Bureau unveiled a highly anticipated rule proposal targeting big banks' overdraft fee practices.
Since 2000, American consumers have paid an estimated $280 billion in bank overdraft fees, according to CFPB data.
"Banks call it a serviceāI call it exploitation," said President Joe Biden.
Since 2000, American consumers have paid an estimated $280 billion in bank overdraft fees, according to CFPB data.
"Banks call it a serviceāI call it exploitation," said President Joe Biden.