A Senate Banking Committee hearing on affordability drew sharp criticism of overdraft fees, with Republican Senator Bernie Moreno of Ohio pressing Consumer Bankers Association CEO Lindsey Johnson over banks posting customer deposits after withdrawals, a practice he said crushes working Americans and is fundamentally unfair. Senator Chris Van Hollen, a Maryland Democrat, noted consumers paid about $12 billion in overdraft fees last year, while Julie Margetta Morgan of The Century Foundation said scrapping a Consumer Financial Protection Bureau rule that would have capped fees at $5 has cost Americans roughly $5 billion. Senator Thom Tillis, a North Carolina Republican, defended overdraft fees and risk-based pricing, arguing that consumers should know their account balances before writing checks. The hearing also addressed credit card interest rates, with Senator Elizabeth Warren, the committee's ranking Democrat, stating that Americans have paid about $57 billion more in interest than if a 10% cap proposed by President Donald Trump had taken effect, while Johnson warned that such a cap would restrict credit access for 75% to 80% of current cardholders.