Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees
Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits ...
Investopedia on MSN11d
Overdraft Fees Could Be Capped At $5 Under New Rule
In what could be one of the final salvoes in President Joe Biden's war on what the administration calls "junk fees," the ...
CFPB sues Walmart, Branch Messenger for forcing drivers to use costly deposit accounts
Walmart and a financial tech company are being sued over allegations the retail giant forced drivers to use costly, ...
Commentary: The Consumer Financial Protection Bureau has irked billionaires, but it serves the public well
They especially hate the 14-year-old Consumer Financial Protection Bureau. But most voters in both major parties support its ...
USA Today11d
Consumers could see a $5 overdraft fee in 2025 under a final rule — or maybe, not
Under the Consumer Financial Protection Bureau rule announced Thursday ... will be controlled by Republicans in 2025. President Joe Biden in a statement in January called overdraft fees ...
The Independent11d
The White House is cracking down on overdraft fees
The Biden administration has finalized a ... according to data from the Consumer Financial Protection Bureau and bank public records. Currently, there is no cap on the overdraft fees that ...
Biden Junk Fee Rule Holds Staying Power Under Trump Populism (2)
The Federal Trade Commission’s new restrictions on “junk fees” are well-positioned to survive the transition to ...
CFPB warns of illegal credit card rewards practices
The federal Consumer Financial Protection Bureau Wednesday warned law enforcement agencies that some credit card companies ...