Banks cash in as Republicans move to kill consumer protections

By Stacy M. Brown NNPA Senior National Correspondent The Biden administration’s effort to rein in excessive overdraft fees is now under direct attack from congressional Republicans, who have launched a campaign to repeal the Consumer Financial Protection Bureau (CFPB) rule that would cap overdraft charges at $5. The move comes as the banking industry—one of […] The post Banks cash in as Republicans move to kill consumer protections appeared first on North Dallas Gazette.