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Overdraft Rule Today's Popular Updates Consumer Financial Products

Ballard Spahr LLP

House Republicans may start Congressional Review Act process to nullify overdraft rule

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House Republicans appear ready to start the Congressional Review Act (CRA) process to attempt to repeal the Biden Administration’s controversial overdraft rule....more

Troutman Pepper Locke

CFPB Releases New Circular on Opt-In Requirements for Overdraft Services

Troutman Pepper Locke on

On September 17, the Consumer Financial Protection Bureau (CFPB or Bureau) published Circular 2024-05 (Circular) addressing whether a financial institution violates the Electronic Fund Transfer Act (EFTA) and Regulation E by...more

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