The Consumer Financial Protection Bureau announced the final version of a rule limiting banks' ability to charge overdraft ...
With the incoming Trump administration showing signs of opposition to the bureau, some of its biggest defenders are coming to ...
When asked by lawmakers whether he would resign Jan. 20, CFPB Director Rohit Chopra said he serves a five-year term but that ...
Despite these changes, consumers still paid over $5.8bn in overdraft and NSF fees in 2023. CFPB director Rohit Chopra said: ...
In testimony before the Senate Banking Committee, Consumer Financial Protection Bureau Director Rohit Chopra said he has no ...
The agency set an October 2025 deadline for the new restrictions to take hold, giving enforcement authority to the incoming ...
Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...
The days are dwindling down to a precious few for political appointees in Washington, as the incoming Trump Administration ...
Banks and credit unions with $10 billion or more in assets could alternately choose a break-even overdraft protection cost or ...
The Consumer Financial Protection Bureau issued a final rule that would allow banks to either charge $5 for overdraft fees.
Today, the Consumer Financial Protection Bureau (CFPB) testified before the Senate Banking Committee. Chairman Rohit Chopra ...
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.
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