President Joe Biden's administration has finalized a rule that limits overdraft fees banks can charge. The rule, announced on ...

If today's announcement by the Consumer Financial Protection Bureau (CFPB) is the final skirmish in the Biden ...

Some major banks, including Capital One and Citibank, decided to just bite the bullet and act early, throwing out overdraft ...

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

The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.

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

CFPB’s new rule ends overdraft profits. Big banks must cap fees at $5, use cost-basis or fully disclose terms, saving US ...

The Consumer Financial Protection Bureau is capping the fees at $5 with a rule set to take effect in October 2025, if it ...

Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...

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

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