Troutman Pepper Weekly Consumer Financial Services Newsletter
Troutman Sanders
MAY 31, 2023
Department of the Treasury’s Office of Foreign Assets Control (OFAC) is implementing new commitments made at the G7 Leaders’ Summit to hold Russia accountable for its war. On May 23, the CFPB published a report examining data, suggesting that overdraft/NSF revenues are down nearly 50% versus pre-pandemic levels.
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