Bank groups sue CFPB over rule to limit overdraft fees
Banking groups said they plan to sue the federal Consumer Financial Protection Bureau for adopting a rule that would limit ...
CFPB overhauls overdraft fee rule for large US banks
CFPB's action addresses a gap that allowed large banks to exclude overdraft fees from being considered a finance charge.
CFPB announces rule limiting bank overdraft fees; trade group sues in response
The Consumer Financial Protection Bureau announced the final version of a rule limiting banks' ability to charge overdraft ...
The Washington Informer56m
CFPB Closes Overdraft Loophole, Delivering Relief to Millions of Consumers
CFPB takes action to close overdraft loophole, saving consumers $5 billion annually. New regulation targets banks with over ...
US Lenders File Joint Lawsuit Against Consumer Finance Watchdog For Capping Overdraft Fees: Wells Fargo, JPMorgan, Citigroup Stocks In Focus
America's overdraft issuing bodies file a lawsuit challenging the Consumer Financial Protection Bureau's new decision.
Bank Groups Sue US Government Bureau Over Overdraft Fees Rule
A new rule that caps overdraft fees at $5 is being challenged by banks who argue that it exceeds the government's authority.
The San Joaquin Valley Sun32m
Biden administration caps overdraft fees at $5
The Biden administration has finalized a rule that will cap overdraft fees at $5 for the largest banks and credit unions in ...
CFPB Orders Big Banks to Limit Overdraft Fees to $5. But Will Its Edict Stick?
The agency set an October 2025 deadline for the new restrictions to take hold, giving enforcement authority to the incoming ...
CFPB finalizes rule capping overdraft fees at $5
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.
Banks in deep water as President Biden rules against overdraft charges and fees
The Biden administration finalized a rule that will cap overdraft fees at $5 at the largest banks and credit unions.
Overdraft fees crackdown: Biden administration sets new rules for banks
The Consumer Financial Protection Bureau's new rule caps overdraft fees at $5, aiming to save consumers billions annually and ...
ABC15 Arizona23h
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.