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flag Banks sue CFPB over proposed cap on overdraft fees, citing potential harm to revenue and services.

flag Bank groups have filed a lawsuit against the Consumer Financial Protection Bureau (CFPB) over a proposed cap on overdraft fees. flag The banks argue that the CFPB's proposal to limit these fees could harm their revenue and ability to offer services to customers. flag This legal action reflects ongoing tensions between financial regulators and the banking industry over consumer protection measures.

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