John

Wall Street is back to its old tricks, but this time, it’s targeting the Consumer Financial Protection Bureau (CFPB). After years of profiting off overdraft fees that force hardworking families into financial hardship, big banks are scrambling to overturn the CFPB’s new rule capping these fees at $5.

This rule would save consumers $5 billion every year, bringing much-needed relief to underserved communities targeted by predatory practices. But instead of accepting this step toward fairness, the banks are lobbying Congress, using their vast financial influence to dismantle the protections we desperately need.

Their goal is clear: keep raking in billions by exploiting vulnerable people.

The CFPB’s rule is a victory for people over profits. It reins in unchecked greed, holds financial giants accountable, and ensures that banking policies work for the many, not the privileged few.

Let’s make sure Wall Street doesn’t win this fight. Tell Congress to stand firm and protect the CFPB’s rule now.

This fight is about the power of democracy versus the power of corporate money. When Wall Street dictates policy, working Americans lose. Lobbyists spend millions to sway politicians, eroding trust in our institutions and making it harder for working families to get a fair shot.

When we stand together, people power beats corporate cash every time. This is our chance to show that a government of the people, by the people, and for the people still holds weight — even against Wall Street’s billions.

If we let lobbyists overturn this rule, it sets a dangerous precedent for every future consumer protection. But if we fight back and win, it’s a clear message: democracy isn’t for sale.

Act now to protect $5 billion in savings, stand with vulnerable communities, and defend a system where fairness comes first. Let’s protect the CFPB’s overdraft fee rule and our democracy.

Together, we can keep this critical rule intact and send a message to Congress: Americans won’t be silenced by Wall Street greed.

- Amanda

Amanda Ford, Director
Democracy for America
Advocacy Fund