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

Vivek Ramaswamy doubled down on DOGE's calls to eliminate the Consumer Financial Protection Bureau.He wrote on X that the ...

The rule is one of several efforts to attack the estimated $90 billion collected annually in "junk" fees, or hidden charges ...

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 ...

It took only one day for trade groups and banks to take legal action against the financial watchdog, which announced its ...

The finalized rule applies to banks and credit unions that have more than $10 billion in assets, which includes the nation’s ...

See how we rate banking products to write unbiased product reviews. Overdraft fees are fees you pay when you spend money that you don't have in your checking account. These fees can be expensive ...

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

The CFPB rule would apply to banks with more than $10 billion in deposits. Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the ...

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 ...

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 ...