Warren calls for CFPB review of overdraft fees, crypto

Law360 (July 19, 2021, 8:08 p.m. EDT) – Senator Elizabeth Warren, D-Mass., Said on Monday that the Consumer Financial Protection Bureau should be part of the regulatory response to emerging cryptocurrency risks and cited the bank “predatory” overdraft fee practices as an area where she hopes to see the agency’s action as it marks its 10th anniversary.

At an online event hosted by Americans for Financial Reform and other consumer advocacy groups, Warren praised the CFPB for “fighting the right fights” on behalf of consumers since opening its doors there. was ten this month, but she said there were “so many areas still where the office can make a …

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