The $12 Billion Trap: States Urged to Intervene as Federal Protections Against Overdraft Fees Vanish

WASHINGTON — June 3, 2026 | In a climate of persistent economic strain, American households are facing a predatory resurgence in banking costs. According to a landmark report released today by the National Consumer Law Center (NCLC), struggling families across the United States were forced to surrender more than $12 billion in overdraft and nonsufficient…

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