https://legistar.council.nyc.gov/Gateway.aspx?M=LD&From=RSS&ID=442700&GUID=08D50E5F-C411-4D5F-AB4B-62E2DD90A4B2Legistar15https://legistar.council.nyc.gov/Gateway.aspx?M=LD&From=RSS&ID=442700&GUID=08D50E5F-C411-4D5F-AB4B-62E2DD90A4B208D50E5F-C411-4D5F-AB4B-62E2DD90A4B2-2021-01-14-17-15-37Title: Resolution deploring banks and other financial institutions that encourage economically vulnerable consumers to overdraw on their checking accounts by promoting short-term, high-cost “bounce protection” that increases bank profits by generating excessive fees, and calling upon the Federal Reserve Board to issue guidelines requiring such services to be subject to the Truth in Lending Act, amongst other consumer protections.Thu, 14 Jan 2021 17:15:37 GMT