Monday, December 15, 2025

TOPICS

Home Tags Scott Bessent

Tag: Scott Bessent

ON THE DECLINE? The estimated annual amount of overdraft fees collected by U.S. banks and credit unions has dropped from a high of nearly $12 billion in 2019 to $5.3 billion in 2023. But the Consumer Financial Protection Bureau rule would cut further into that revenue.
SOURCE: Federal Deposit Insurance Corp. data; Federal Financial Institutions Examination Council

Bankers fight to overturn rule on overdraft fees

A proposed banking regulation that one federal agency says will save Americans $5 billion a year in overdraft fees is facing strong opposition from...

Dow drops 890 as economic worries deepen on Wall Street

NEW YORK (AP) – The U.S. stock market’s sell-off cut deeper on Monday as Wall Street questioned how much pain President Donald Trump will let the economy endure through...

Fed Chair Powell says interest rates on hold with economic uncertainty...

NEW YORK (AP) – The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread "uncertainty"...

Trump agrees to pause tariffs on Mexico and Canada for 30...

WASHINGTON (AP) – President Donald Trump on Monday agreed to a 30-day pause on his tariff threats against Mexico and Canada as America's two...
- Featured Event -

Latest News