CFPB Introduces New Rules to Limit Overdraft Fees for Banks and Credit Unions

Reported 1 day ago

The Consumer Financial Protection Bureau (CFPB) has implemented a new rule aimed at helping Americans save on overdraft fees, offering banks and credit unions with assets over $10 billion three options for fee structuring. Wealth host Brad Smith elaborates on these options, which are part of a broader initiative to reduce financial burdens on consumers.

Source: YAHOO

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