Vivek Ramaswamy, a DOGE leader with Elon Musk, argued the Consumer Financial Protection Bureau is "un-American" after it ...

Joe Raedle / Getty Images The Consumer Financial Protection Bureau issued a rule capping overdraft fees at $5 in most cases. The fee cap goes into effect in October and would save households that ...

The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House’s campaign to reduce junk fees that hit consumers on everyday purchases ...

Big banks and credit unions that dominate the financial landscape would only be able to charge $5 for overdraft fees or face much tighter restrictions under a final rule by regulators. Under the ...

11, 2024, in Washington, D.C. Kent Nishimura/Getty Images That would mark a significant ... already voluntarily lowered or eliminated overdraft fees -- giving heft to the rule, regardless of ...

The rule, which will take effect in October 2025, is projected to save Americans $5 billion annually, or $225 per household.

The Consumer Financial Protection Bureau issued a rule capping overdraft fees at $5 in most cases. The fee cap goes into ...

The CFPB finalized a rule set to save Americans money in overdraft fees.Tang Ming Tung/Getty Images The CFPB finalized a rule that allows banks to cap overdraft fees at $5 or set the fee at an ...

Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a $5 cap under new rules released by federal regulators. The cap on bank overdrafts continues a campaig ...