Page 7 - Greg Baer News Today

The House of Representatives adopted a defense authorization bill that includes a measure to make it easier for entry-level employees with criminal records to join a bank. Meanwhile, the Senate omitted a pot banking provision from its version of the must-pass spending legislation.

President Joe Biden contended that the administration’s actions on junk fees would “immediately start saving Americans collectively billions of dollars in unfair fees.”

President Joe Biden on Wednesday announced a crackdown on so-called junk fees, including new steps that effectively ban banks from issuing surprise overdraft fees and depositor fees on bounced checks.

New Consumer Financial Protection Bureau guidelines say overdraft fees "that a consumer would not reasonably anticipate" could be illegal. President Biden and CFPB Director Rohit Chopra promoted them at a press briefing Wednesday.

Biden cracks down on 'junk fees' in new economic focus ahead of midterms

FT. MEYERS, FL (WSAU) -- A Wausau trucker is on his way home after dropping off a 53-foot trailer full of supp...

A list of the top-selling Keeneland September yearlings born in each state or province.

The number of U.S. banks has dropped by two-thirds since the mid-1980s. Everyone expects this trend to continue for the foreseeable future. But at what point does M&A cool?

In 2021, banks, including regional banks, engaged in significant levels of merger activity as they sought, in large part, to gain efficiencies of scale in order to enhance offerings and thus compete with larger institutions.

A Federal Reserve-issued digital dollar could speed up payments, expand financial access and reduce financial crime. But it also brings trade-offs that policymakers are only just beginning to consider.