Senate overturns rule that limited bank overdraft fees to $5

Senate overturns rule that limited bank overdraft fees to $5

Senate Republicans hand ‘biggest banks billions in profits from overdraft fees that kick working people when they’re down,’ Elizabeth Warren says

Senate Overturns Rule Limiting Bank Overdraft Fees to $5

Lawmakers voted to invalidate a rule adopted last year by the Consumer Financial Protection Bureau. It now moves to the House.

Utah Senators vote to keep $35 bank overdraft fees

Utah Senators Mike Lee and John Curtis voted against a CFPB rule that would cap overdraft fees at $5, potentially costing consumers $5 billion annually in savings.