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House Republicans rip CFPB proposal on overdraft fees

A pair of House Republicans bashed a proposal released by the Consumer Financial Protection Bureau (CFPB) Wednesday that suggested slashing what the agency views as unnecessary banking overdraft fees. The CFPB’s proposal could reduce the cost of overdrawing from a bank account to as little as $3, which the Biden administration has argued would lower costs for working…

House Republicans rip CFPB proposal on overdraft fees

House Republicans rip CFPB proposal on overdraft fees
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Democrats gloat as Republicans start over on Speaker search

Multiple Democrat House members dug into their Republican counterparts on Tuesday as the GOP conference finds itself back at square one following the collapse of House Majority Whip Tom Emmer’s (R-Minn.) Speakership nomination. House Democrats took to social media to call out the chaos within the GOP conference and urge lawmakers to find a solution…

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