February 28, 2024 2:15 pm
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Overdraft fees, late fees could be slashed as White House continues attack on junk fees

The cost of overdrawing your bank account could ease considerably under a rule proposed this month by the Consumer Financial Protection Bureau. The proposed regulation is in line with a larger effort that the Biden administration has championed the past few years to crack down on “junk fees,” which are tacked onto everything from ticket prices to hotel bills.