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United States: The Latest Chapter In The Government's War On Purported "Junk" Fees: The CFPB Moves To Define Overdraft Services As Credit And To Cap Fee Amounts - Katten Muchin Rosenman LLP

Mondaq Friday, 26 January 2024
On January 17, the Consumer Financial Protection Bureau (CFPB or Bureau) issued its Notice of Proposed Rulemaking regarding proposed changes to overdraft fee rules for certain banks and credit unions.
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