Cap on Overdraft Fees Put on Back Burner as Acting CFPB Director Bessent Freezes Activity

Cap on Overdraft Fees Put on Back Burner as Acting CFPB Director Bessent Freezes Activity

Following the firing of former CFPB Director Rohit Chopra, new Acting Director Scott Bessent has ordered that much of the CFPB’s current initiatives be halted. CUSO Magazine’s Esteban Camargo reports.

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