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Senate Votes to Repeal CFPB's Limits on Excessive Bank Overdraft Fees
March 28, 2025
YONKERS, New York, March 28 -- Consumer Reports posted the following news release on March 27, 2025:

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Senate votes to repeal CFPB's limits on excessive bank overdraft fees

Blocking the CFPB's Rule will cost economically vulnerable families billions in unfair fees

WASHINGTON DC - The Senate voted today to repeal a new rule adopted by the Consumer Financial Protection Bureau that limits steep overdraft fees charged by large banks . . .

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