Overdraft transaction charges could drop to a maximum of $5 from the current ceiling of $35 as of Oct. 1, 2025, if the ...

The Biden administration announced the crackdown on overdraft fees in January as part of a larger crusade against excessive fees in the banking industry. “For too long, some banks have charged ...

The Biden administration is overhauling rules for how banks can charge overdraft fees to customers, despite an intense ...

It is part of the Biden Administration's pledge to crack down ... banks had penalized those who could least afford to pay overdraft fees, and that the law protects their most vulnerable customers.

The new rule gives banks three options for overdraft ... fees for overdrafts and non-sufficient funds — that is, when a check bounces or a payment is declined. The arrival of the Trump ...

In what could be one of the final salvoes in President Joe Biden's war on what the administration calls "junk fees," the ...

In December, the Biden administration’s Consumer Financial Protection Bureau (CFPB) issued a rule to curb checking account ...

The finalized rule, which is scheduled to go into effect in October 2025, applies to banks and credit unions with more than $10 billion in assets. In its press release, the CFPB said the rule will ...

In one of its final actions under the Biden administration, the Consumer Financial Protection Bureau issued a long-awaited ...

Banks call it a service − I call it exploitation' The Biden administration announced the crackdown on overdraft fees in January as part of a larger crusade against excessive fees in the banking ...

The Biden administration is overhauling rules for how banks can charge overdraft fees to customers, despite an intense lobbying campaign from the industry to prevent the changes from going into ...