The White House is cracking down on overdraft fees
The finalized rule applies to banks and credit unions that have more than $10 billion in assets, which includes the nation’s ...
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Biden administration approves overdraft limits angering banks
The Biden administration is placing new rules on banks that would severely restrict how much they can charge on overdrafts.
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Consumer Financial Protection Bureau (CFPB) Final Rule Expands Oversight to Larger Digital Payment App Providers
Section 1024 of the Dodd-Frank Act of 2010 authorizes the Consumer Financial Protection Bureau (CFPB) to define markets for consumer ...
Biden administration overdraft rule caps bank and credit union fees at $5
The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.