The White House is cracking down on overdraft fees
The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House’s campaign to reduce junk fees that hit consumers on everyday purchases, including banking services. President Joe Biden had called the fees, which can be as high as $35, “exploitative,” while the banking industry has lobbied extensively […] The post The White House is cracking down on overdraft fees appeared first on Unite News.
The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House’s campaign to reduce junk fees that hit consumers on everyday purchases, including banking services. President Joe Biden had called the fees, which can be as high as $35, “exploitative,” while the banking industry has lobbied extensively […]
The post The White House is cracking down on overdraft fees appeared first on Unite News.
What's Your Reaction?
