The rule announced Thursday would require big banks and credit unions to slash long criticized high overdraft fees from $25 ...

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

The limit on fees that banks and credit unions impose on clients whose account balances are insufficient to cover transactions would save U.S. consumers $5 billion every year, the federal agency said ...

Vivek Ramaswamy, a DOGE leader with Elon Musk, argued the Consumer Financial Protection Bureau is "un-American" after it ...

While the Consumer Financial Protection Bureau seeks to cap overdraft fees, banks and credit unions are fighting the effort.

Several new laws go into effect on Wednesday — and one of them could impact your wallet. The law will prevent state-chartered ...

The new rule gives banks three options for overdraft fees, the simplest being to charge $5 per overdraft. The main trade group for U.S. banks opposes the rule, saying it will lead to fewer banks ...

In December 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that closes a loophole exempting overdraft loans ...

The finalized rule, which is scheduled to go into effect in October 2025, applies to banks and credit unions with more than $10 billion in assets. In its press release, the CFPB said the rule will ...

Discover what overdraft protection is, how it works, and whether it’s right for you. Learn the benefits and potential ...

There are a handful of consumer protection laws Californians will see in 2025. Come Jan. 1, these five bills will take effect ...

In what could be one of the final salvoes in President Joe Biden's war on what the administration calls "junk fees," the ...