What Happened? On December 12, 2024, the Consumer Financial Protection Bureau (CFPB) issued its final “overdraft lending” rule aimed at ...
The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House's campaign ...
Vivek Ramaswamy, a DOGE leader with Elon Musk, argued the Consumer Financial Protection Bureau is "un-American" after it ...
The Consumer Financial Protection Bureau's last-minute actions are expected to annoy the incoming Trump administration, which ...
“If you get hit with a fee for overdrawing your account of $30 or more, that’s a big impact, particularly for people who ...
A customer claims the Massachusetts bank fined her numerous times over a single botched purchase. The bank paid her back — but her class action lawsuit isn't going away.
Big banks and credit unions that dominate the financial landscape would only be able to charge $5 for overdraft fees or face much tighter restrictions under a final rule by regulators. Under the ...
In what could be one of the final salvoes in President Joe Biden's war on what the administration calls "junk fees," the ...
Overdraft transaction charges could drop to a maximum of $5 from the current ceiling of $35 as of Oct. 1, 2025, if the ...
NEW YORK (AP) — The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House’s campaign to reduce junk fees that hit consumers on everyday ...
Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...
The rule on overdraft fees is ripe for the GOP Congress to overturn.