Currently, there is no cap on the overdraft fees that banks can legally charge. The finalized rule is set to take effect in ...

Lindsey Johnson, Consumer Bankers Association president and CEO, joins 'Squawk Box' to discuss the organization's lawsuit ...

America's overdraft issuing bodies file a lawsuit challenging the Consumer Financial Protection Bureau's new decision.

Chopra called overdraft fees a “legal loophole,” saying that if banks want to continue charging overdraft fees — which are ...

The Consumer Financial Protection Bureau has finalized a rule restricting banks' ability to charge overdraft fees, ...

Only some will benefit from the coming "great wealth transfer." Plus, wholesale inflation and the quest for a new hat ...

Some major banks, including Capital One and Citibank, decided to just bite the bullet and act early, throwing out overdraft ...

The CFPB noted in its January proposal that smaller banks and credit unions responsible for one-third of overdrafts would be ...

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

Under the finalized rule announced Thursday, banks will be able to choose from three options: they may charge a flat overdraft fee of $5, they may charge a fee that covers their c ...

The Consumer Financial Protection Bureau announced the final version of a rule limiting banks' ability to charge overdraft ...

The U.S. watchdog agency for consumer finance on Thursday adopted new regulations capping the amount banks can charge for ...