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Bank of America says it will cut overdraft fees this year.

Tuesday, January 11, 2022
Lananh Nguyen | New York Times
Michael Calhoun

“This is a very strong program that creates both limits, guardrails and the supports that people need to get through cash crunches that are going to continue to come to many working families,” Mike Calhoun, the president of the Center for Responsible Lending, an advocacy group that promotes financial fairness, said in an interview.