As Trump Lifts Caps, Mass. Sen. Warren Presses Banks for Details on Pricey Overdraft Fees

Democratic Senators Demand Banks Disclose Policies on Predatory Overdraft Fees

Earlier this year, Trump repealed a $5 cap on most overdraft fees that was set to go into effect in October.

As Trump lifts caps, Mass. Sen. Warren presses banks for details on pricey overdraft fees

U.S. Sen. Elizabeth Warren, D-Mass., joined by two fellow New England lawmakers, is pressing some of the biggest banks in the nation for more information about overdraft fees that they say target the poorest Americans.

Exclusive: Democratic senators press big banks after Trump kills consumer protection rule that capped overdraft fees at $5

Sen. Warren (D-Mass.) and other senators sent letters to JPMorgan, Wells Fargo, and other banks about the Consumer Financial Protection Bureau rule.

Progressive lawmakers press banks on overdraft fees

Three Senate progressives led by Senate Banking Committee ranking member Elizabeth Warren, D-Mass., are beginning to assess the impact that the Trump administration's posture toward the Consumer Financial Protection Bureau has had on overdraft fees.