The Consumer Financial Protection Bureau's new rule caps overdraft fees at $5, aiming to save consumers billions annually and ...
The Biden administration is placing new rules on banks that would severely restrict how much they can charge on overdrafts.
Most U.S. bank stocks dipped in Thursday trading after the Consumer Financial Protection Bureau finalized a rule that ...
On November 29, the CFPB published a final rule in the Federal Register to make “ministerial updates” to its supervision and enforcement ...
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.
On November 26, the CFPB published a report that provided an analysis of the first seven months following the resumption of federal student ...
According to the CFPB, 23 million households pay overdraft fees in any given year, with an average of about $150 per household. The final rule is projected to add up to $5 billion in annual overdraft ...
With the incoming Trump administration showing signs of opposition to the bureau, some of its biggest defenders are coming to ...
The Consumer Financial Protection Bureau said it is limiting banks’ ability to charge overdraft fees, and potentially saving ...
If today's announcement by the Consumer Financial Protection Bureau (CFPB) is the final skirmish in the Biden ...
ATLANTA – U.S. Sen. Raphael Warnock, D-Ga., is joining a renewed push by Senate Democrats to remove medical debt from credit reports.