The Consumer Financial Protection Bureau (CFPB) said it has closed a loophole on overdraft fees — limiting banks’ ability to charge them and potentially saving households hundreds of dollars. The ...
The Consumer Financial Protection Bureau announced a new rule proposal that would limit overdraft fees banks charge on consumers. The rules would apply to most large banks and lenders — those holding ...
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 purchases, including ...
WASHINGTON — The Consumer Financial Protection Bureau on Thursday finalized a rule that would limit overdraft charges at large banks and credit unions, a move that federal officials said could help ...
Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge. The rule is part of the campaign by President ...
ATLANTA — The US House of Representatives has voted to repeal new protections for consumers from bank overdraft fees. In December, the Biden administration limited overdraft fees for big banks to $5.
WASHINGTON -- A U.S. House of Representatives committee advanced legislation on Wednesday to overturn a Biden administration rule that would limit overdraft fees from financial institutions, a ...
The consumer bureau estimated that the fee limit, which applied only to large banks and credit unions with more than $10 billion in assets, would have saved American households $5 billion each year by ...
I’ll never forget being a naive, 18-year-old fresher, checking my bank account at the end of the month to see if I had enough money to go to the pub after uni. Usually, after rent, splitting bills ...