Senate Democrats call on top banks to waive overdraft fees in wake of failures ...Middle East

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Senate Democrats call on top banks to waive overdraft fees in wake of failures
Democrat Sens. Cory Booker (N.J.) and Raphael Warnock (Ga.) sent letters to 10 large banks and federal regulators on Tuesday, urging them to pause overdraft fees in the aftermath of recent U.S. bank failures. The pair of senators sent the letters to the CEOs of Wells Fargo, U.S. Bank, Citizens Bank, Truist Bank, TD Bank, Regions Bank, PNC Bank, Huntington National Bank, Bank of America and JPMorgan Chase. They asked the bank CEOs to "provide relief" for consumers who are facing challenges, especially with their payments and payrolls. "We urge you to take action to assist Americans whose payments were delayed or missing in recent days as a result of the bank failures of Silicon Valle

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