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 ...

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

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

Consumers will save up to $5 billion in bank and credit union overdraft fees each year in a reform finalized Thursday by the ...

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

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