Lindsey Johnson, Consumer Bankers Association president and CEO, joins 'Squawk Box' to discuss the organization's lawsuit ...
CFPB’s new rule ends overdraft profits. Big banks must cap fees at $5, use cost-basis or fully disclose terms, saving US ...
The Consumer Financial Protection Bureau announced the final version of a rule limiting banks' ability to charge overdraft ...
Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...
Large US banks will have to cap overdraft fees at $5 — or an amount that covers their costs and losses — under a new consumer ...
The agency set an October 2025 deadline for the new restrictions to take hold, giving enforcement authority to the incoming ...
The Consumer Financial Protection Bureau issued a final rule that would allow banks to either charge $5 for overdraft fees.
The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.
Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits ...
The Republican-controlled House Financial Services Committee said via X that this "eleventh-hour final rule governing ...
American Bankers Association (ABA), America’s Credit Unions, Mississippi Bankers Association, and other individual ...
The new CFPB regulation would require large banks and credit unions to either charge just $5 for overdrafts or, alternatively, pick an amount no higher than the cost of offering overdraft protection.