The Consumer Financial Protection Bureau installed the regulation less than two months before President-elect Donald Trump ...
US watchdog caps bank overdraft fees over industry objection (Reuters) – The U.S. watchdog agency for consumer finance on ...
Under the new policy, banks can choose between one of three options to replace their old overdraft rate, which could have ...
Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...
CFPB’s new rule ends overdraft profits. Big banks must cap fees at $5, use cost-basis or fully disclose terms, saving US ...
Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...
In one of its final actions under the Biden administration, the Consumer Financial Protection Bureau issued a rule reining in ...
The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.
In what could be one of the final salvoes in President Joe Biden's war on what the administration calls "junk fees," the ...
Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a cap under new rules released ...
The Consumer Financial Protection Bureau announced the final version of a rule limiting banks' ability to charge overdraft ...
It is unclear whether the rule, which could help save Americans billions in fees each year, will remain in place after ...