Chopra called overdraft fees a “legal loophole,” saying that if banks want to continue charging overdraft fees — which are ...

The Indian Health Service (IHS) and the Consumer Financial Protection Bureau (CFPB) on Thursday announced a collaboration ...

In his last hearing as chair of the Senate Banking Committee, Sen. Sherrod Brown (D-Ohio) urged his colleagues to stand up for “ordinary Americans" instead of CEOs and big banks.

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

The US Consumer Financial Protection Bureau unveiled the final rule Thursday as part of ... that has drained billions of ...

The Consumer Financial Protection Bureau's new rule caps overdraft fees at $5, aiming to save consumers billions annually and ...

Under the finalized rule announced Thursday, banks will be able to choose from three options: they may charge a flat overdraft fee of $5, they may charge a fee that covers their c ...

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

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

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.

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