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Overdraft, Consumer Financial Protection Bureau
Bank Groups Sue US Government Bureau Over Overdraft Fees Rule
A new rule that caps overdraft fees at $5 is being challenged by banks who argue that it exceeds the government's authority.
Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees
Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge.
Consumer protection agency finalizes rule limiting overdraft fees
The Consumer Financial Protection Bureau installed the regulation less than two months before President-elect Donald Trump takes office.
1d
on MSN
Biden administration caps bank and credit union overdraft fees at as low as $5
The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.
10h
on MSN
Consumer Bankers Association CEO Lindsey Johnson on CFPB lawsuit, bank overdraft fees
Lindsey Johnson, Consumer Bankers Association president and CEO, joins 'Squawk Box' to discuss the organization's lawsuit ...
1d
Consumer Finance Watchdog Caps Overdraft Fees as Banks Object
US watchdog caps bank overdraft fees over industry objection (Reuters) – The U.S. watchdog agency for consumer finance on ...
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