A new rule that caps overdraft fees at $5 is being challenged by banks who argue that it exceeds the government's authority.

Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits ...

The Consumer Financial Protection Bureau installed the regulation less than two months before President-elect Donald Trump ...

The Consumer Financial Protection Bureau just published a final rule that could cap overdraft fees at $5. Find out what that ...

Banking groups said they plan to sue the federal Consumer Financial Protection Bureau for adopting a rule that would limit ...

The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.

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

The Biden administration finalized a rule that will cap overdraft fees at $5 at the largest banks and credit unions.

Lindsey Johnson, Consumer Bankers Association president and CEO, joins 'Squawk Box' to discuss the organization's lawsuit ...

US watchdog caps bank overdraft fees over industry objection (Reuters) – The U.S. watchdog agency for consumer finance on ...

In one of its final actions under the Biden administration, the Consumer Financial Protection Bureau issued a rule reining in ...

Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...