consumer financial protection bureau Archives - New Economy Project

April

2024

1

Letter in Support of CFPB Overdraft Lending Rule

[Download PDF] Comment Intake—2024 NPRM Overdraft c/o Legal Division Docket Manager Consumer Financial Protection Bureau 1700 G Street NW Washington, DC 20552 Re: Overdraft Lending: Very Large Financial Institutions Docket No. CFPB-2024-0002 To whom it may concern: We write in strong support of the Consumer Financial Protection Bureau’s (CFPB) proposed rule governing Overdraft Lending: Very […]

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January

2024

31

Public News Service: Proposed overdraft-fees rule would benefit NYers

The Consumer Financial Protection Bureau is proposing a rule on overdraft fees that would benefit New Yorkers. The rule closes a loophole exempting overdraft fees from provisions in the Truth in Lending Act.

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January

2024

18

Statement from the NYS Community Equity Agenda Coalition on CFPB’s Proposed Overdraft Rule

“We applaud the CFPB for issuing a strong proposed rule to crack down on big banks’ predatory overdraft fees, which have long exploited low-income New Yorkers and extracted massive sums from low-income neighborhoods and communities of color…”

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