A new rule that caps overdraft fees at $5 is being challenged by banks who argue that it exceeds the government's authority.

Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits ...

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 ...

Thanks to new rules implemented by the Biden Administration and the Consumer Financial Protection Bureau (CFPB), large banks ...

On Tuesday, Dec. 10, Donald Trump announced he nominated Kimberly Guilfoyle as the U.S. ambassador to Greece. While that ...

The Biden administration finalized a rule that will cap overdraft fees at $5 at the largest banks and credit unions.

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 ...

The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.

President Joe Biden's administration has finalized a rule that limits overdraft fees banks can charge. The rule, announced on ...

The Consumer Financial Protection Bureau's new rule caps overdraft fees at $5, aiming to save consumers billions annually and ...