The U.S. Senate just advanced a resolution on a party-line vote to give banks more leeway to charge customers exorbitant fees if they don't have enough money in their accounts.
On Wednesday, senators passed a bill by Sen. Tim Scott (R-S.C.), who chairs the Senate Banking Committee, aimed at undoing a rule imposed by the Consumer Financial Protection Bureau (CFPB) under former President Joe Biden to cap overdraft fees at just $5. The rule was set to go into effect in...
Arabic
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Romaian
Portuguese (Brazil)
Greek