Bank Groups Sue US Government Bureau Over Overdraft Fees Rule
A new rule that caps overdraft fees at $5 is being challenged by banks who argue that it exceeds the government's authority.
A new CFPB rule could lower overdraft fees to just $5 — here's what that could mean for checking account customers
The Consumer Financial Protection Bureau just published a final rule that could cap overdraft fees at $5. Find out what that ...
Bank groups sue CFPB over rule to limit overdraft fees
Banking groups said they plan to sue the federal Consumer Financial Protection Bureau for adopting a rule that would limit ...
Consumer Bankers Association CEO Lindsey Johnson on CFPB lawsuit, bank overdraft fees
Lindsey Johnson, Consumer Bankers Association president and CEO, joins 'Squawk Box' to discuss the organization's lawsuit ...
Goodbye Junk Fees, Hello Transparency: CFPB Curbs Overdraft Fees
CFPB’s new rule ends overdraft profits. Big banks must cap fees at $5, use cost-basis or fully disclose terms, saving US ...
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CFPB Caps Overdraft Fees But Faces Hurdles From Incoming Trump Administration
The Consumer Financial Protection Bureau finalized a rule on Thursday to limit banks' overdraft fees, potentially saving U.S.
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CFPB Closes Overdraft Loophole, Delivering Relief to Millions of Consumers
CFPB takes action to close overdraft loophole, saving consumers $5 billion annually. New regulation targets banks with over ...
Bank Overdraft Fee Cap Is Latest CFPB Rule Hit With Lawsuit
Bank and credit union lobbying groups are suing the Consumer Financial Protection Bureau to block a newly finalized rule that ...
CFPB Orders Big Banks to Limit Overdraft Fees to $5. But Will Its Edict Stick?
The agency set an October 2025 deadline for the new restrictions to take hold, giving enforcement authority to the incoming ...
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 ...
CFPB finalizes rule capping overdraft fees at $5
The new CFPB regulation would require large banks and credit unions to either charge just $5 for overdrafts or, alternatively, pick an amount no higher than the cost of offering overdraft protection.
Banks in deep water as President Biden rules against overdraft charges and fees
The Biden administration finalized a rule that will cap overdraft fees at $5 at the largest banks and credit unions.