NACA in the News: The $35 Overdraft Fee Is Officially Dead

Nasdaq, The $35 Overdraft Fee Is Officially Dead

“Christine Hines, senior policy director at National Association of Consumer Advocates, warns that the rule could be undone by lawmakers if they subject it to a legislative lookback period that lets them reverse late-term regulatory changes. ‘The only way that this rule can live up to its promises to put money back into families’ pockets is if members of Congress support this important economic action for their constituents and simply let the rule go into effect,’ she said in a statement.”