A group of Democratic senators is demanding information from more than two dozen banks on their overdraft policies and profits from overdraft fees. “Overdraft and non-sufficient fund (NSF) fees are ‘one of the most common exploitative mechanisms big banks use to target the poor,’” Senators Elizabeth Warren (D-Massachusetts), Richard Blumenthal (D-Connecticut), and Bernie Sanders (I-Vermont)…
This post has been syndicated from Truthout, where it was published under this address.