Overdraft fees could be capped at $5 under new federal rule
- Overdraft fees could be capped at $5 under a new federal rule.
- The proposal aims to provide relief for individuals who frequently incur overdraft fees.
- The new regulation will limit how much banks can charge for these fees.
- There is growing concern about the impact of overdraft fees on low-income consumers.
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Total News Sources0
Leaning Left22Leaning Right6Center32Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 37%
C 53%
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