CFPB’s new rule ends overdraft profits. Big banks must cap fees at $5, use cost-basis or fully disclose terms, saving US ...

The Consumer Financial Protection Bureau announced the final version of a rule limiting banks' ability to charge overdraft ...

Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...

Most U.S. bank stocks dipped in Thursday trading after the Consumer Financial Protection Bureau  finalized a rule that ...

Large US banks will have to cap overdraft fees at $5 — or an amount that covers their costs and losses — under a new consumer ...

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.

The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.

In a final rule to be released Thursday, the Consumer Financial Protection Bureau would allow banks to either charge $5 for ...

The agency set an October 2025 deadline for the new restrictions to take hold, giving enforcement authority to the incoming ...

The Republican-controlled House Financial Services Committee said via X that this "eleventh-hour final rule governing ...

In one of its final actions under the Biden administration, the Consumer Financial Protection Bureau issued a long-awaited ...

The Consumer Financial Protection Bureau (CFPB) has announced a new final rule intended to save Americans billions of dollars ...