- Entry
- —
- Final
- $0.00264585
- Target
- —
- Score
- —
If you’re looking at your portfolio and wondering why the banks are bleeding out today, it’s basically a perfect storm of regulatory hammers and policy shifts. \* Bank of America just got hit with $250M in fines from the CFPB for "junk fees" and opening unauthorized accounts. It’s a massive reputational hit, and $BAC is leading the slide, down over 4.6%. \* There’s a serious push in D.C. right now to cap credit card interest at 10%. For banks like …
— ORIGINAL POST ·
Why US Banks are dropping today
· r/wallstreetbets
· Feb 27, 2026