Senate Banking Committee Ranking Member Scott Issues Statement on CFPB Final Overdraft Rule
December 13, 2024
December 13, 2024
WASHINGTON, Dec. 13 -- Sen. Tim Scott, R-South Carolina, ranking member of the Senate Banking, Housing and Urban Affairs Committee, issued the following statement on Dec. 12, 2024:
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Ranking Member Tim Scott (R-S.C.) released the following statement on the Consumer Financial Protection Bureau's (CFPB) final rule capping overdraft fees at banks and credit unions:
"As I've said repeatedly, lawful and contractually agreed upon payment incent . . .
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Ranking Member Tim Scott (R-S.C.) released the following statement on the Consumer Financial Protection Bureau's (CFPB) final rule capping overdraft fees at banks and credit unions:
"As I've said repeatedly, lawful and contractually agreed upon payment incent . . .