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Biden administration sets new rules for banks
Biden Administration Cracks Down on Overdraft Fees
President Joe Biden's administration has finalized a rule that limits overdraft fees banks can charge. The rule, announced on Thursday, places a cap on overdraft fees at $5. Biden has said that overdraft fees,
Overdraft fees could be capped at $5 under new federal rule
Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer Financial Protection Bureau.
Tired of overdraft fees? A new Biden administration rule would cap them.
Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a cap under new rules released Thursday.
Marketplace
7h
New regulations will limit bank overdraft fees. Many banks have already done so.
Some major banks, including Capital One and Citibank, decided to just bite the bullet and act early, throwing out overdraft ...
13h
on MSN
Americans who are charged overdraft fees are now on track to save $225 a year
The Consumer Financial Protection Bureau finalized a rule that caps overdraft fees.
10h
Goodbye Junk Fees, Hello Transparency: CFPB Curbs 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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Joe Biden
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