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Industry Group Slams FDIC's Exit Bid In NSF Fees Challenge

By Katryna Perera ( February 16, 2024, 10:07 PM EST) -- An industry group has shot back at the Federal Deposit Insurance Corp.'s bid to exit a suit over recent guidance warning banks about charging repeated nonsufficient funds fees, saying the guidance was issued without observing Administrative Procedures Act requirements and exceeds the FDIC's statutory authority....

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