The $12 Billion Trap: States Urged to Combat Rising Overdraft Fees in Post-Deregulation Era

WASHINGTON — In a climate defined by an intensifying national affordability crisis, a new fiscal alarm is sounding for American households. According to data released this week by the National Consumer Law Center (NCLC), struggling families across the United States paid a staggering $12 billion in overdraft and nonsufficient funds (NSF) fees throughout 2025. This…

Read More

The High Cost of the ‘Sugar High’: Michael Barr Warns of Systemic Fragility Amid Unprecedented Deregulation

WASHINGTON, D.C. — In a stinging rebuke of the current trajectory of American financial oversight, Federal Reserve Vice Chair for Supervision Michael Barr delivered a landmark address at American University on Saturday, June 6, 2026. Barr, a central figure in the post-2008 regulatory architecture, warned that the United States is currently undergoing the "most significant…

Read More