The Biden Administration is ‘cracking down’ on banks by imposing a $5 cap on overdraft fees, says Americans could save billions in ‘excessive junk fees.’ Will Trum…
Overdraft transaction charges could drop to a maximum of $5 from the current ceiling of $35 as of Oct. 1, 2025, if the ...
Overdraft fees could be capped at $5 under new federal rule
Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...
DOGE doubles down on eliminating the government agency that's cracking down on overdraft fees
Vivek Ramaswamy, a DOGE leader with Elon Musk, argued the Consumer Financial Protection Bureau is "un-American" after it ...
Overdraft fees would be slashed under new Biden administration rule. What you need to know
In one of its final actions under the Biden administration, the Consumer Financial Protection Bureau issued a long-awaited ...
New California law limits overdraft fees at banks supervised by the state
Several new laws go into effect on Wednesday — and one of them could impact your wallet. The law will prevent state-chartered ...
CNBC4d
Banks are in a race to end overdraft fees — these 7 checking accounts won't charge you
In early 2022, Capital One became the first large bank to eliminate all overdraft fees and non-sufficient fund fees, in a move that may protect itself from any forthcoming scrutiny from the ...
8 Smart Banking Resolutions You Should Keep
Here are eight smart banking resolutions that can help protect and grow your money during the remainder of 2025 and beyond.
JD Supra6d
CFPB Finalizes Rule Preventing Overdraft Fee Loophole for Large Banks
In December 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that closes a loophole exempting overdraft loans ...
JD Supra6d
Regulatory Update: Final Rule on Courtesy Overdraft Services
We previously posted an article about a proposed rule that could drastically affect the courtesy overdraft services offered ...
These new California laws will directly impact your wallet. Here’s what to know
Some laws are going into effect that will affect your bottom line. They revolve around things like overdraft fees, ...
Overdraft Fees Could Be Capped At $5 Under New Rule
In what could be one of the final salvoes in President Joe Biden's war on what the administration calls "junk fees," the ...