Protect Military and Federal Employees from Unfair Bank Fees Act

HR 5953 prohibits financial institutions from charging certain fees to federal and military employees during government shutdowns. Specifically, it bans banks from imposing fees for insufficient funds on debit transactions or late fees on credit card payments if those payments were due while the employee was furloughed or working without pay due to a funding gap. The bill applies directly to covered persons - federal civil service, military, and uniformed service employees affected by a shutdown - and targets two common fees that can compound financial stress during pay delays. It creates a clear rule requiring banks to waive these specific charges during the period when government operations are halted due to lack of appropriations.