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

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

Only some will benefit from the coming "great wealth transfer." Plus, wholesale inflation and the quest for a new hat ...

The finalized rule applies to banks and credit unions that have more than $10 billion in assets, which includes the nation’s ...

Agency rule limits overdraft fees to $5 for biggest banks Rule faces potential repeal by GOP Congress, Trump appointees Large ...

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

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

The new rule requires large banks and credit unions to cap overdraft fees at $5 or an amount that covers only their costs and ...

Mortgage and real estate expert David Hochberg joins Lisa Dent to talk about the Consumer Finance Protection Bureau capping ...

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.

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