Appearing in USA Today on December 29, 2024, Russ Wiles interviewed NCLC Senior Attorney Carla Sanchez-Adams to discuss the CFPB’s new rule to limit costly overdraft fees and caution that it faces the risk of being overturned by Congress with simple majority votes in the Senate and House, with limited debate.
Overdraft fees are “a form of predatory lending that exacerbates wealth disparities and racial inequalities.”
Carla Sanchez-Adams, senior attorney at the National Consumer Law Center.
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