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. The rule is part of President Joe Biden ...
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Banks in deep water as President Biden rules against overdraft charges and fees
The Biden administration finalized a rule that will cap overdraft fees at $5 at the largest banks and credit unions.
$5 cap on overdrafts finalized by Biden Administration: Will it actually happen?
The new rule was released Thursday by federal regulators and is part of President Joe Biden’s campaign against junk fees, ...
Stocks limp to the finish line after and up-and-down week; overdraft fee cap spurs lawsuit
Under the finalized rule from the Consumer Financial Protection Bureau that was announced Dec. 12, banks will be able to ...
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The White House is cracking down on overdraft fees
The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House’s campaign ...
N.J. leaders demand more info on federal probe of unexplained drone sightings
Local leaders in New Jersey on Friday pleaded with the federal government to release more information on its probe of dozens ...
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Collapsed caravan business owes $3.2m as boss investigated by consumer protection agency
On top of that, customers’ deposits were used to prop up the business and keep it going, rather than being kept separate and to pay manufacturer’s fees, according to the submission.