The White House is cracking down on overdraft fees

NEW YORK (AP) — 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 […] The post The White House is cracking down on overdraft fees appeared first on Unite News.

Dec 13, 2024 - 10:30
 0  4
The White House is cracking down on overdraft fees

NEW YORK (AP) — 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 […]

The post The White House is cracking down on overdraft fees appeared first on Unite News.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow