( NewsNation) — A new rule from the Biden administration would cap overdraft fees at $5, lower than the average of $26 in ...

The Consumer Financial Protection Bureau said it is limiting banks’ ability to charge overdraft fees, potentially saving ...

The Consumer Financial Protection Bureau announced the final version of a rule limiting banks' ability to charge overdraft ...

In one of its final actions under the Biden administration, the Consumer Financial Protection Bureau issued a long-awaited ...

Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...

Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a cap under new rules released ...

It is unclear whether the rule, which could help save Americans billions in fees each year, will remain in place after ...

In what could be one of the final salvoes in President Joe Biden's war on what the administration calls "junk fees," the ...

The Consumer Financial Protection Bureau installed the regulation less than two months before President-elect Donald Trump ...

The new CFPB regulation would require large banks and credit unions to either charge just $5 for overdrafts or, alternatively, pick an amount no higher than the cost of offering overdraft protection.

The finalized rule applies to banks and credit unions that have more than $10 billion in assets, which includes the nation’s ...

Banks and credit unions with $10 billion or more in assets could alternately choose a break-even overdraft protection cost or ...