Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits ...

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

In what could be one of the final salvoes in President Joe Biden's war on what the administration calls "junk fees," the ...

The rule announced Thursday would require big banks and credit unions to slash long criticized high overdraft fees from $25 ...

The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of ...

the Consumer Financial Protection Bureau is continuing its rulemaking activities in the final weeks of President Joe Biden's administration, as Reuters reported recently. This could invite ...

President Joe Biden had called the fees ... according to data from the Consumer Financial Protection Bureau and bank public records. Currently, there is no cap on the overdraft fees that banks can ...

Three of the largest U.S. banks rushed the Zelle digital payment system to market "without implementing effective consumer ...

Under the Consumer Financial Protection Bureau rule announced Thursday ... will be controlled by Republicans in 2025. President Joe Biden in a statement in January called overdraft fees "exorbitant." ...

The Consumer Financial Protection Bureau is capping the fees at $5 with a rule set to take effect in October 2025, if it isn't overturned by Congress or altered under a Trump administration.