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Although bank fees dont exactly break the budget for most Americans, they can add up over time.
The typical Americanwastes around $100 a year on bank fees.
That figure can go much higher when you factor in credit card fees.
Heres a look at how each candidate could either lower your banking fees, or leave them untouched.
The rule, proposed in March, would save consumers an estimated $10 billion a year.
For too long, surprise and hidden late fees have burdened consumers, the statement said.
The wild card is whether the rule will ever get implemented.
As The Hill noted, the suit alleges that the Biden rule violated several federal laws.
Another Biden proposal is to prevent large banks from imposingjunk feeswhen customers seek certain kinds of information.
For the most part, Trump took a much more business-friendly approach than Biden.
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