The CFPB is goinggangbusters finding new people, places and things to regulate.
Some of the bureau's attention is directed at credit unions. TheSenate Banking Committee addressed overdraft regulation during aSept. 18 hearing.
Witness Travis Plunkett of Pew Trusts wrote in his submittedtestimony that the CFPB researched overdrafts and reported themedian size of a debit card transaction that results in anoverdraft fee was $24. In comparison, the median overdraft feecharged to those transactions was $34.
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