On Dec. 12, the Consumer Financial Protection Bureau (CFPB) finalized a controversial rulemaking that would fundamentally alter how banks and credit unions offer overdraft services. The proposed rule ...
The Senate voted 52-48 in favor of overturning the Consumer Financial Protection Bureau's (CFPB) cap on overdraft fees banks can charge. With the approval, the measure goes to the House for a vote.
Large bank overdraft fees may become a thing of the past as part of the Biden administration's push against so-called “junk fees.” The Consumer Financial Protection Bureau this week announced proposed ...
NEW YORK — The squabble over billion of dollars in overdraft fees that Americans get charged every year is intensifying. The Consumer Financial Protection Bureau is expected to propose rules this week ...