Rep. Maloney Criticizes Banks' Predatory Overdraft Practices, Announces Plans to Reintroduce Overdraft Protection Act
May 28, 2021
May 28, 2021
WASHINGTON, May 28 -- Rep. Carolyn Maloney, D-New York, issued the following news release:
At today's Financial Services Committee virtual hearing titled "Holding Megabanks Accountable: An Update on Banking Practices, Programs and Policies," Congresswoman Carolyn B. Maloney (D-NY), senior member of the committee, announced her intention to reintroduce the Overdraft Protection Act. This bill will crack down on unfair overdraft fees, and would establish fair and transparent . . .
At today's Financial Services Committee virtual hearing titled "Holding Megabanks Accountable: An Update on Banking Practices, Programs and Policies," Congresswoman Carolyn B. Maloney (D-NY), senior member of the committee, announced her intention to reintroduce the Overdraft Protection Act. This bill will crack down on unfair overdraft fees, and would establish fair and transparent . . .