The Education Department and the Office of Management and Budget as well as their leaders, Secretary Linda McMahon and Director Russell Vought respectively, are listed as defendants in the lawsuit alongside President Donald Trump.
Consumer protection bill riles financial institutions
The bill would require financial institutions to notify customers the same day via an approved communication method when they’ve overdrawn and by how much. It would cap overdraft fees to $15 and ensure that they can’t be charged more than three times in a single day.