The Consumer Financial Protection Bureau announced the final version of a rule limiting banks' ability to charge overdraft ...
Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...
Large US banks will have to cap overdraft fees at $5 — or an amount that covers their costs and losses — under a new consumer ...
When asked by lawmakers whether he would resign Jan. 20, CFPB Director Rohit Chopra said he serves a five-year term but that ...
CFPB’s new rule ends overdraft profits. Big banks must cap fees at $5, use cost-basis or fully disclose terms, saving US ...
In a final rule to be released Thursday, the Consumer Financial Protection Bureau would allow banks to either charge $5 for ...
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.
The Consumer Financial Protection Bureau is closing a loophole that it says allowed big banks to profit heavily from ...
Banks and credit unions with $10 billion or more in assets could alternately choose a break-even overdraft protection cost or ...
The Republican-controlled House Financial Services Committee said via X that this "eleventh-hour final rule governing ...
A new question field on the Consumer Financial Protection Bureau's consumer complaint form is tied to an advisory opinion on ...