Summary
The Biden Administration, through the Consumer Financial Protection Bureau (CFPB), is capping overdraft fees at $5, down from $35, starting Oct. 1, 2025.
The move, targeting “junk fees,” could save U.S. consumers $5 billion annually.
The CFPB suggests banks adopt cost-based fees or offer overdraft credit lines while disclosing interest rates.
Industry groups oppose the rule, and its future is uncertain under a Republican-controlled Congress and the incoming Trump administration.
Courts struck down the
antiabortionforced birth legislation for decades until repeatedly failing finally worked out for the religious cultists.Real change doesn’t happen through compromise.
I get the strong feeling You’ve never had to negotiate anything important in your life. Idealism is not reality. It’s fun to daydream about though.
“Alwaya start negotiations with your final offer.”
-you
Point proven.