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EDITORIAL: End the bank overdraft trap
Rumblings on Capitol Hill about reining in abusive debit card overdraft practices have prompted some banks to change their ways. That's good, but their pre-emptive strike shouldn't head off new regulation. Congress still needs to increase consumer protections.
Decisions by major players Bank of America, JPMorgan Chase and Wells Fargo to reduce overdraft fees and provide more transparency will...
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