US Economy
Biden's proposal targets overdraft fee limits at large banks
January 18, 2024
TL/DR - The Biden administration has announced a rule to limit overdraft fees charged by large banks, a move that could save consumers $3.5 billion per year. The new rule from the Consumer Financial Protection Bureau (CFPB) requires these banks to align overdraft fees with their costs, lowering the fee from an average of $35 […]
Saunders: Public Service Nearing Full Recovery in Latest Jobs Report
December 8, 2023
TL/DR - AFSCME President Lee Saunders commented on the U.S. economy gaining 199,000 jobs in November, stating that public sector jobs numbers are nearly returning to pre-pandemic levels. He mentioned AFSCME’s initiative 'Staff the Front Lines', started to restore public services and accommodate population growth. Saunders also stressed the need to reelect Joe Biden for […]
