$5 cap on overdrafts finalized by Biden Administration: Will it actually happen?
The new rule was released Thursday by federal regulators and is part of President Joe Biden’s campaign against junk fees, ...
The San Joaquin Valley Sun5h
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 ...
The Washington Informer5h
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 ...
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.