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CFPB's crackdown on 'junk fees' smacks of price fixing, lenders say - Vimarsana News

CFPB's crackdown on 'junk fees' smacks of price fixing, lenders say

Bankers object to the Consumer Financial Protection Bureau's request on “exploitative junk fees” that produce billions in income for financial institutions, arguing that banks are compliant with statutes that require fees be disclosed to customers.