Massachusetts Sen. Liz Warren’s Favorite Agency Grants Itself New Powers To Regulate Checking Accounts
Jan 05, 2025
In December, the Biden administration’s Consumer Financial Protection Bureau (CFPB) issued a rule to curb checking account overdraft penalties, which experts called an example of government overreach that would ravage low-income Americans. The CFPB — an agency that is considered the brainchild of Democratic Massachusetts Sen. Elizabeth…
Massachusetts Sen. Liz Warren’s Favorite Agency Grants Itself New Powers To Regulate Checking Accounts