Goodbye Junk Fees, Hello Transparency: CFPB Curbs Overdraft Fees
CFPB’s new rule ends overdraft profits. Big banks must cap fees at $5, use cost-basis or fully disclose terms, saving US ...
CFPB announces rule limiting bank overdraft fees
The Consumer Financial Protection Bureau announced the final version of a rule limiting banks' ability to charge overdraft ...
CFPB: Overdraft fee reform will save consumers $5 billion a year in bank fees
Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...
CFPB’s Chopra sidesteps resignation question
When asked by lawmakers whether he would resign Jan. 20, CFPB Director Rohit Chopra said he serves a five-year term but that ...
CFPB Finalizes Overdraft Fee Cap Opposed by GOP, Industry
Large US banks will have to cap overdraft fees at $5 — or an amount that covers their costs and losses — under a new consumer ...
Consumer Financial Protection Bureau: the watchdog Republicans love to hate
The CFPB was established when Congress passed and President Barack Obama signed the Dodd-Frank Wall Street Reform and ...
Google sues after Consumer Financial Protection Bureau orders supervision of its payment arm
The CFPB said on Friday that it has “reasonable cause to determine that Google has engaged in conduct that poses risks to ...
Google sues Consumer Financial Protection Bureau
Google sued the Consumer Financial Protection Bureau on Friday, challenging the agency’s decision to place Google’s payment ...
Consumer protection agency finalizes rule limiting overdraft fees
The Consumer Financial Protection Bureau installed the regulation less than two months before President-elect Donald Trump ...
American Banker8h
Banks sue CFPB for capping overdraft fees at $5
In a final rule to be released Thursday, the Consumer Financial Protection Bureau would allow banks to either charge $5 for ...
JD Supra9h
Consumer Financial Protection Bureau (CFPB) Final Rule Expands Oversight to Larger Digital Payment App Providers
Section 1024 of the Dodd-Frank Act of 2010 authorizes the Consumer Financial Protection Bureau (CFPB) to define markets for consumer ...
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.