On December 12, 2024, the Consumer Financial Protection Bureau (CFPB) issued its final “overdraft lending” rule aimed at curbing overdraft fees charged by banks and credit unions with more than $10 ...

Large U.S. banks plucked over $11 billion in overdraft fees out of their customers’ accounts in 2019, according to a new report by the Center for Responsible Lending (CPL). The organization analyzed ...

Aaron Klein is the Miriam K Carliner Chair and senior fellow in economic studies at the Brookings Institution. He served as deputy assistant secretary of the treasury from 2009 to2012 and as chief ...

Below is a lightly edited transcript of the episode: ROMAN: So at the time, I wouldn't say I was, you know, low low income. I can share what I was making, it was like, $45,000 at the time. I mean, I ...