Americans set to save $5 billion annually as CFPB announces new overdraft rule
Bank stocks are in focus today after CFPB announced new rule that limits banks' abilities to charge excessive overdraft fees.
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CFPB final rule would pin overdraft fee at $5
Banks and credit unions with $10 billion or more in assets could alternately choose a break-even overdraft protection cost or ...
Banks could charge just $5 in overdraft fees
Federal regulators have closed a bank overdraft fee loophole that could save American consumers billions of dollars each year ...
Elon Musk should keep his hands off the CFPB
With US national debt exceeding $36tn, I welcome Donald Trump’s naming of Elon Musk to take a fresh look at unnecessary government spending in co-leading the new Department of Government Efficiency ...
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Sen. Britt addresses lack of oversight at CFPB and use of funding
Britt voiced concerns with the Consumer Financial Protection Bureau, calling reform "an immediate priority for next congress" ...
Overdraft fees crackdown: Biden administration sets new rules for banks
The Consumer Financial Protection Bureau has finalized a rule that curbs excessive overdraft fees charged to customers of ...
Overdraft Fees Could Be Capped at $5 Under Biden Crackdown
The Biden administration is overhauling rules for how banks can charge overdraft fees to customers, despite an intense lobbying campaign from the industry. The Consumer Financial Protection Bureau sai ...
CFPB: Overdraft fee reform will save consumers $5 billion a year in bank fees
Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...
CFPB announces rule limiting bank overdraft fees
The CFPB said that its overdraft rule will take effect Oct. 1, 2025, though its ultimate fate is unclear. The Consumer ...
Hundreds of student-loan borrowers who applied for debt cancellation are being denied relief by a major lender, over 20 Democratic lawmakers say
Sen. Elizabeth Warren led some of her colleagues in requesting that the CFPB and FTC bolster oversight over student-loan ...
Ohio House passed bill would limit wealthy people’s ability to file defamation, libel suits: Capitol Letter
The bill would dilute the ability of well-heeled plaintiffs to file abusive defamation or libel lawsuits aimed to stifle ...
SNAP card holders are being fleeced by scammers stealing their food benefits | Opinion
The Shelby County Trustee's offices writes the monthly Wallet Warnings guest column to help consumers protect themselves and keep their money.