News

The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some ...
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 ...
In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have ...
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 voted to overturn federal limits on overdraft fees, drawing praise from banks but fierce criticism from consumer ...
Banks are making billions of dollars annually from overdraft fees, with Chase alone earning $1 billion last year.Wells Fargo ...
The House has voted to overturn a rule that would have limited bank overdraft fees to $5, following the Senate in moving to ...
Republican lawmakers claim these regulations hurt economic growth despite the agency recovering nearly $20 billion in relief ...
Joe Raedle / Getty Images Congress passed a law last week overturning the Consumer Financial Protection Bureau's $5 overdraft fee cap, which would have gone into effect in October. If President ...
A Biden-era federal rule that would have capped bank overdraft fees at $5 and was expected to save Americans billions annually was struck down Wednesday by the GOP-controlled House of ...