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CFPB, overdraft

Seeking Alpha on MSN · 29m

Bank stocks slip after CFPB finalizes overdraft fee rule

Most U.S. bank stocks dipped in Thursday trading after the Consumer Financial Protection Bureau finalized a rule that essentially caps overdraft fees at $5 per instance. The new rule applies to banks and credit unions that have at least $10B in assets.

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CFPB announces rule limiting bank overdraft fees

The Consumer Financial Protection Bureau on Thursday announced the final version of a rule limiting banks’ ability to charge overdraft fees.

Biden Just Cracked Down On Bank Overdraft Fees, But Trump Could Reverse Course

A new rule from the Consumer Financial Protection Bureau would cap many overdraft fees at just $5. It might not last.

2hon MSN

Capping Overdraft Fees Will Hurt Some of the People It Is Supposed To Help

If today's announcement by the Consumer Financial Protection Bureau (CFPB) is the final skirmish in the Biden ...

Biden administration approves overdraft limits angering banks

The Biden administration is placing new rules on banks that would severely restrict how much they can charge on overdrafts.

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