Bank of America cuts overdraft fees

Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.

Schumer escalates pressure on Biden to cancel student loans in 2022

The Senate majority leader has called on the Biden administration to cancel student loans in a series of Twitter posts over the past several weeks. While some borrowers have qualified for a loan discharge through the PSLF program, most debtors haven't yet benefited from forgiveness.