Under the finalized rule from the Consumer Financial Protection Bureau that was announced on Thursday, banks will be able to choose from three options: they may charge a flat overdraft fee of $5 ...

The Consumer Financial Protection Bureau (CFPB) said it has closed a loophole on overdraft fees — limiting banks’ ability to charge them and potentially saving households hundreds of dollars.

The director of the Consumer Financial Protection Bureau, Rohit Chopra, has been waiting for a phone call, letter, email, ...

On December 12, 2024, the Consumer Financial Protection Bureau (CFPB) issued its final “overdraft lending” rule aimed at curbing overdraft fees charged by banks and credit unions with more ...

The Consumer Financial Protection Bureau (CFPB) has been issuing a spate of new regulations in advance of the inauguration of ...

The Consumer Financial Protection Bureau, or CFPB, is a government agency that oversees the consumer finance industry, ...

A proposal targets “authorize positive, settle negative” charges and duplicative nonsufficient funds fees, but it would only ...

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?

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 ...