Video: President Biden’s crackdown on overdraft bank fees: what will it do for consumers?

Jan 18, 2024, 12:32 PM | Updated: 1:28 pm

Gee Scott joins Seattle’s Morning News to discuss the Biden administration’s goal of reducing overdraft bank fees. On Wednesday they unveiled new draft regulations, officials say this could save consumers $3.5 billion a year by curbing the fees large banks charge on overdrawn deposit accounts.

Listen to Seattle’s Morning News, weekdays from 5am to 9am on KIRO Newsradio 97.3fm!

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Video: President Biden’s crackdown on overdraft bank fees: what will it do for consumers?