When asked by lawmakers whether he would resign Jan. 20, CFPB Director Rohit Chopra said he serves a five-year term but that ...

With the incoming Trump administration showing signs of opposition to the bureau, some of its biggest defenders are coming to ...

Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...

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

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

( NewsNation) — A new rule from the Biden administration would cap overdraft fees at $5, lower than the average of $26 in ...

Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...

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 agency set an October 2025 deadline for the new restrictions to take hold, giving enforcement authority to the incoming ...

The Republican-controlled House Financial Services Committee said via X that this "eleventh-hour final rule governing ...

In a final rule to be released Thursday, the Consumer Financial Protection Bureau would allow banks to either charge $5 for ...