On the recordJuly 26, 2023
Do you believe that the big banks, like Bank of America, should eliminate overdraft fees?
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congress.govDo you believe that the big banks, like Bank of America, should eliminate overdraft fees?
Warren questions the necessity of overdraft fees for big banks.
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In a free market, credit flows fairly to businesses because they can use the money productively, not to the President’s cronies because of their political connections.
When consumers’ finances are already stretched thin, exorbitant overdraft fees can cause other payments to bounce — leading to even more fees in a vicious circle that can ‘turn setbacks into crises,’