The Consumer Financial Protection Bureau installed the regulation less than two months before President-elect Donald Trump ...
The days are dwindling down to a precious few for political appointees in Washington, as the incoming Trump Administration ...
Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...
Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...
In a final rule to be released Thursday, the Consumer Financial Protection Bureau would allow banks to either charge $5 for ...
Banks and credit unions with $10 billion or more in assets could alternately choose a break-even overdraft protection cost or ...
The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.
The Consumer Financial Protection Bureau's new rule caps overdraft fees at $5, aiming to save consumers billions annually and ...
The Biden administration is placing new rules on banks that would severely restrict how much they can charge on overdrafts.
The CFPB said that its overdraft rule will take effect Oct. 1, 2025, though its ultimate fate is unclear. The Consumer ...
The Consumer Financial Protection Bureau is closing a loophole that it says allowed big banks to profit heavily from ...
"For far too long, the largest banks have exploited a legal loophole that has drained billions of dollars from Americans' ...