WASHINGTON, Feb. 25 (TNSrep) -- The Congressional Research Service issued the following Insight white paper (No. IN12513) on Feb. 24, 2025, by financial economics specialists Karl E. Schneider and Andrew P. Scott.

Here are excerpts:

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CFPB Finalizes Overdraft Rule, Related Legislation

Overdraft refers to when the money in a consumer account cannot cover a given transaction, but a financial institution pays the transaction. While some financ . . .

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