(NewsNation) — A new rule from the Biden administration would cap overdraft fees at $5, lower than the average of $26 in 2023. The new rule was released Thursday by federal regulators and is part of ...

The Consumer Financial Protection Bureau (CFPB) said it has closed a loophole on overdraft fees — limiting banks’ ability to charge them and potentially saving households hundreds of dollars. The ...

The Consumer Financial Protection Bureau has passed a rule limiting overdraft fees banks can charge, continuing the Biden administration's crackdown on junk fees that affect consumers on everyday ...

SOUTH CAROLINA (WCIV) — Sen. Tim Scott (R-SC) has drawn criticism as Chairman of the Senate Banking Committee after leading an effort to roll back caps on overdraft fees put into place under the Biden ...

New York (CNN) — The Consumer Financial Protection Bureau on Wednesday said it is proposing a rule that would curb excessive overdraft fees charged to customers of large banks and credit unions, ...

A home loan is a long-term commitment. Many people take a home loan because they don’t have enough money to buy a house upfront. But there are also borrowers who do have the funds, yet prefer to keep ...

The Consumer Financial Protection Bureau proposed a rule on January 17 that would require financial institutions to offer more disclosures about overdraft fees and potentially limit the charges to as ...

The Consumer Financial Protection Bureau took action to close an outdated overdraft loophole that exempted overdraft loans from lending laws. The agency’s final rule on overdraft fees applies to the ...

The Consumer Financial Protection Bureau is pushing to reduce the overdraft fees Americans are charged at banks and credit unions when they don’t have enough money in their accounts to cover spending, ...

As the government’s June 27 mortgage regulations, which limit capital region and regulated area mortgage loans to 0.6 billion Korean won, and other consecutive high-intensity regulatory measures ...