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 ...

Under the proposal, banking institutions would be prohibited from charging overdraft fees for overdraft items of $20 or less, or overdraft fees that exceed the amount by which the account is overdrawn ...

The Consumer Financial Protection Bureau announced a new rule proposal that would limit overdraft fees banks charge on consumers. The rules would apply to most large banks and lenders — those holding ...

NEW YORK — The House voted Wednesday to overturn a rule that would have limited bank overdraft fees to $5, following the Senate in moving to dismantle the regulation that the Biden administration had ...

The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House’s campaign to reduce junk fees that hit consumers on everyday purchases, including ...

WASHINGTON — The Consumer Financial Protection Bureau on Thursday finalized a rule that would limit overdraft charges at large banks and credit unions, a move that federal officials said could help ...

WASHINGTON -- A U.S. House of Representatives committee advanced legislation on Wednesday to overturn a Biden administration rule that would limit overdraft fees from financial institutions, a ...

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 the campaign by President ...