Congress is considering a bill that would reduce banks' ability to charge overdraft fees. (iStock) The U.S. House Committee on Financial Services voted to send a bill to the full House of ...
In December, the CFPB approved a rule requiring large financial institutions to limit overdraft fees to $5. As President Donald Trump’s cost-cutting crusade targets the government agency tasked with ...
A major US bank has agreed to pay hundreds of millions of dollars to settle allegations that customers were charged illegal overdraft fees for years.
New York consumers will soon be able to more easily cancel their online subscriptions and have better data privacy protections from "Buy Now, Pay Later" lenders under legislation included in the state ...
A Biden-era rule that capped most bank overdraft fees at $5 is on the verge of being scrapped after the U.S. House of Representatives recently joined the U.S. Senate in voting to repeal it. The ...
A security officer works inside of the Consumer Financial Protection Bureau (CFPB) building headquarters Monday, Feb. 10, 2025, in Washington. (Jacquelyn Martin/AP) Eight Democrats in the Senate have ...
NEW YORK (AP) — Navy Federal Credit Union will no longer have to refund $80 million to servicemen and women for illegally charging them overdraft fees on their accounts, after the Consumer Financial ...
As the Trump administration rolls back financial regulation designed to protect American consumers, a group of Democratic senators led by Elizabeth Warren (D-Mass.) is demanding answers from major ...
As President Donald Trump’s cost-cutting crusade targets the government agency tasked with financial oversight for consumers, dozens of regulations have been caught in the crosshairs. The Consumer ...