Senate Democrats call on top banks to waive overdraft fees in wake of failures

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Senate Democrats call on top banks to waive overdraft fees in wake of failures

Democrat Sens. Cory Booker (N.J.) and Raphael Warnock (Ga.) sent letters to 10 large banks and federal regulators on Tuesday, urging them to pause overdraft fees in the aftermath of recent U.S. bank failures. The pair of senators sent the letters to the CEOs of Wells Fargo, U.S. Bank, Citizens Bank, Truist Bank, TD Bank, Regions Bank, PNC Bank, Huntington National Bank, Bank…