The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some ...

Congress has overturned a rule meant to protect consumers from excessive overdraft fees, and the change in law is awaiting ...

A mere four months ago, the Biden administration capped bank overdraft fees at $5. There was just one catch: The cap wouldn’t ...

Congress has overturned a rule meant to protect consumers from excessive overdraft fees, and the change in law is awaiting the President’s signature.

The Consumer Financial Protection Bureau in the last few years has aggressively tried to limit what it called excessive fees.

The next time you withdraw more money than is in your checking account, it could cost you about $35, or $5: it's all up to ...

A Biden-era rule that capped most bank overdraft fees at $5 is on the verge of being scrapped after the U.S. House of ...

Congress has voted to overturn federal limits on overdraft fees, drawing praise from banks but fierce criticism from consumer ...

Overdraft fees are penalties a bank can charge if you overdraw on your account. The CFPB put the $5 cap in place in December, ...

The federal rule would have capped bank overdraft fees at $5 and was expected to save Americans billions annually.

The rule, issued during the Biden administration, limited overdraft fees to $8, after determining that amount was the actual ...

Banks are making billions of dollars annually from overdraft fees, with Chase alone earning $1 billion last year.Wells Fargo ...