The Consumer Financial Protection Bureau (CFPB) recently issued Circular 2024-05 (Circular). The CFPB considered whether financial institutions could violate the law by charging fees for providing ...

On December 12, the Consumer Financial Protection Bureau (CFPB or Bureau) announced the finalization of its rule addressing overdraft fees. The rule targets financial institutions with more than $10 ...

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 President Joe Biden ...

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 ...

Capitol Hill Republicans are looking to scrap a pair of major consumer protection rules as they seek to roll back some of the Biden administration’s last-minute regulatory moves. Last week, GOP ...

Add Yahoo as a preferred source to see more of our stories on Google. Have you ever come to the end of the month and not had enough money in your bank account to pay your rent or utility bill, or pay ...

Big banks and credit unions that dominate the financial landscape would only be able to charge $5 for overdraft fees or face much tighter restrictions under a final rule by regulators. Under the ...

Consumers may be well acquainted with the concept of overdraft protection when writing checks, but early Monday Discover Financial Services said it is extending the service to its debit cards.

Who's the greater villain: the guy at a bar who has one drink too many or the bartender who sold him that drink? If you think there's enough blame to go around, you'll agree there are two wrongs and ...

FILE - A customer makes a transaction at a bank of automatic teller machines in the Queens borough of New York on March 24, 2020. (AP Photo/Mary Altaffer, File) (Mary ...