Under the Consumer Financial Protection Bureau rule announced Thursday, big institutions would be required to slash their overdraft fees from $25 or $35 in many cases. The CFPB said $5 is the ...

On December 30, 2024, the Consumer Financial Protection Bureau (CFPB) published a final rule that may dramatically change the way that certain ...

Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge. The rule is part of President Joe Biden ...

What Happened? On December 12, 2024, the Consumer Financial Protection Bureau (CFPB) issued its final “overdraft lending” rule aimed at ...

By Marilyn Odendahl The Indiana Citizen January 9, 2025 Poverty advocates in Indiana are hoping a new federal rule that could ...

The Consumer Financial Protection Bureau's last-minute actions are expected to annoy the incoming Trump administration, which ...

Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer Financial Protection Bureau.

The Consumer Financial Protection Bureau is tasked with writing and enforcing rules for the financial industry. How might the independent federal agency change under the Trump administration?

“If you get hit with a fee for overdrawing your account of $30 or more, that’s a big impact, particularly for people who ...