The Consumer Financial Protection Bureau said it is limiting banks’ ability to charge overdraft fees, and potentially saving ...
Under the new policy, banks can choose between one of three options to replace their old overdraft rate, which could have ...
The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.
Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...
It is unclear whether the rule, which could help save Americans billions in fees each year, will remain in place after ...
The Consumer Financial Protection Bureau installed the regulation less than two months before President-elect Donald Trump ...
In one of its final actions under the Biden administration, the Consumer Financial Protection Bureau issued a long-awaited ...
Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a cap under new rules released ...
In what could be one of the final salvoes in President Joe Biden's war on what the administration calls "junk fees," the ...
ABC News’ Elizabeth Schulze reports on how the Consumer Financial Protection Bureau’s decision will impact consumers.
The Consumer Financial Protection Bureau finalized a rule that caps overdraft fees.
The finalized rule applies to banks and credit unions that have more than $10 billion in assets, which includes the nation’s ...