Biden put rules into place to prevent banks from charging excessive overdraft fees.
Senate Republicans just reversed that rule. They're not bringing down the cost of living. They're busy making life more expensive. https://www.nytimes.com/2025/03/27/us/politics/overdraft-fees-limit-cfpb.html
Senate Republicans just reversed that rule. They're not bringing down the cost of living. They're busy making life more expensive. https://www.nytimes.com/2025/03/27/us/politics/overdraft-fees-limit-cfpb.html
Comments
Dems passed a $5 cap on bank fees.
GOP said no. We have banks to please.
The cap is now gone so folks pay more.
The rich get richer. Grandma’s still poor.
Don’t exactly have to live up to any promises.
https://www.worldofbooks.com/products/poverty-by-america-book-matthew-desmond-9780593239919?sku=CIN0593239911G&gad_source=1&gbraid=0AAAAAC04ib2gWYSHtNcrVOg3Qe1wTKaQE&gclid=EAIaIQobChMIhv_s3pSrjAMVkiytBh3H_xskEAQYAyABEgLH8fD_BwE