The new CFPB regulation would require large banks and credit unions to either charge just $5 for overdrafts or, alternatively ...
In one of its final actions under the Biden administration, the Consumer Financial Protection Bureau issued a long-awaited ...
This is an abridged transcript of the podcast. Our top story so far: Major U.S. banks will have to put a limit on overdraft fees, according to a final rule from the Consumer Financial Protection ...
The finalized rule applies to banks and credit unions that have more than $10 billion in assets, which includes the nation’s ...
The Consumer Financial Protection Bureau said it is limiting banks’ ability to charge overdraft fees, and potentially saving ...
An apt ending to Joe Biden's war on junk fees, which only made sense if you refused to acknowledge trade-offs and believed ...
The Consumer Financial Protection Bureau finalized a rule that caps overdraft fees.
The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.
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.