A proposed rule by the Consumer Financial Protection Bureau to curb overdraft fees would only apply to banks and credit unions with at least $10 billion in assets.
Mandatory Credit: Juanmonino/E+/Getty Images
Stories this photo appears in:
Biden proposes rule that could save consumers $3.5 billion annual bank fees
The Consumer Financial Protection Bureau on Wednesday said it is proposing a rule that would curb excessive overdraft fees charged to customers of large banks and credit unions, potentially saving consumers as much as $3.5 billion a year.
