By Beverly MoranThe Conversation More than 6 million Americans receive paper tax refund checks annually. Often, those refunds go to purchase groceries or pay the bills. But this year, those taxpayers may be surprised to learn that the paper check they’re waiting for no longer exists. That’s because of executive order 14247, which President Donald […]
Tag: American Bankers Association
Posted inBUSINESS
Banks cash in as Republicans move to kill consumer protections
Congressional Republicans have launched a campaign to repeal the CFPB rule that would cap overdraft charges at $5, with the banking industry pushing to preserve the estimated $8 billion in annual revenue it collects from these fees.