US Watchdog Caps Bank Overdraft Fees Over Industry Objection

The U.S. watchdog agency for consumer finance Thursday adopted new regulations capping the amount banks can charge for overdrafts, saying the rule would save depositors $5 billion annually.

US Watchdog Caps Bank Overdraft Fees Over Industry Objection
The U.S. watchdog agency for consumer finance Thursday adopted new regulations capping the amount banks can charge for overdrafts, saying the rule would save depositors $5 billion annually.

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