NBC News published this video item, entitled “Biden administration unveils new proposal to lower overdraft banking fees” – below is their description.
The Consumer Financial Protection Bureau has unveiled a new banking proposal that would cut or greatly reduce overdraft fees. According to data from the CFPB, Americans paid an estimated $280B in overdraft fees over the last 23 years and the Biden administration is hoping to slash those costs for the consumer.
NBC News YouTube Channel
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