Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...
The CFPB said that its overdraft rule will take effect Oct. 1, 2025, though its ultimate fate is unclear. The Consumer ...
Large US banks will have to cap overdraft fees at $5 — or an amount that covers their costs and losses — under a new consumer ...
When asked by lawmakers whether he would resign Jan. 20, CFPB Director Rohit Chopra said he serves a five-year term but that ...
The Consumer Financial Protection Bureau finalized a rule that caps overdraft fees.
In a final rule to be released Thursday, the Consumer Financial Protection Bureau would allow banks to either charge $5 for ...
The Consumer Financial Protection Bureau installed the regulation less than two months before President-elect Donald Trump ...
The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.
The Consumer Financial Protection Bureau said it is limiting banks’ ability to charge overdraft fees, and potentially saving ...
Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...
If today's announcement by the Consumer Financial Protection Bureau (CFPB) is the final skirmish in the Biden ...