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The proposed rules would remove automatic bank merger approvals
Policymakers could make the first rate cut since 2020 if inflation continues to ease
Bank incurs penalty due to systemic deficiencies in its risk management and internal controls
Job growth was 216,000 and unemployment was at 3.7% while earnings also rose
Earned wage access programs allow workers to take some of their future paychecks in advance
The new proposal forms part of CFPB’s work to prohibit all junk fees
The program provides an additional source of liquidity to banks
The British government has pushed off the decision to go forward with a digital pound until at least 2025
Wells Fargo told employees they will receive a cash payment of $1,000 if they made less than $75,000 last year
Proposed rule to ban junk fees aims to remedy widespread concerns
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