The new rule gives banks three options for overdraft fees, the simplest being to charge $5 per overdraft. The main trade group for U.S. banks opposes the rule, saying it will lead to fewer banks ...

The Consumer Financial Protection Bureau (CFPB) said it has closed a loophole on overdraft fees — limiting banks’ ability to charge them and potentially saving households hundreds of dollars. The ...

The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House’s campaign to reduce junk fees that hit consumers on everyday purchases, including ...

NEW YORK (AP) — The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House's campaign to reduce junk fees that hit consumers on everyday ...

NEW YORK — The House voted Wednesday to overturn a rule that would have limited bank overdraft fees to $5, following the Senate in moving to dismantle the regulation that the Biden administration had ...

PHILADELPHIA - Nearly two years after the Federal Reserve began requiring banks to get customers' permission before subjecting them to controversial overdraft practices, many account-holders are still ...

In today’s competitive business environment, access to timely finance plays a crucial role in sustaining operations and driving growth. Entrepreneurs and small business owners often face a common ...

Consumers are paying huge fees on short-term loans that cover them when they overdraw their checking accounts, under programs that banks and credit unions often enroll customers in without their ...