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WASHINGTON, D.C. (NewsHour) — It’s not well known, but about 4.5% of U.S. households are unbanked, meaning no one in the house has a checking or savings account. The rate… Read More
Most states have legalized marijuana in some form. But federal law still considers it an illegal drug, which exposes banks to legal risk if they handle weed-related money or transactions.
The House Financial Services Committee is grilling executives from seven banks Wednesday about overdraft fees and executive pay. The hearing comes 10 years after the financial crisis.