Saturday - September 13, 2025
Congress Repeals CFPB's Overdraft Rule Topic of White Paper From CRS
September 11, 2025
WASHINGTON, Sept. 11 (TNSLrpt) -- The Congressional Research Service issued the following Insight white paper (No. IN12513) on Sept. 10, 2025, by financial economics specialists Karl E. Schneider and Andrew P. Scott.

Here are excerpts:

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Congress Repeals CFPB's Overdraft Rule

Overdraft refers to when the money in a consumer account cannot cover a given transaction, but a financial institution pays the transaction. While some financial . . .

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