House and Senate pass legislation repealing a CFPB rule that would cap overdraft fees at $5 or limit them to actual bank ...

The rule that would cap overdraft fees at $5 now goes to President Donald Trump, who has indicated he will sign a measure to ...

Trump is expected to sign a repeal of overdraft fee caps, allowing banks to keep charging up to $35—critics warn it hurts low ...

Among other significant rulemakings that the Consumer Financial Protection Bureau (CFPB) finalized in the waning days of the Biden Administration ...

The federal rule would have capped bank overdraft fees at $5 and was expected to save Americans billions annually.

A mere four months ago, the Biden administration capped bank overdraft fees at $5. There was just one catch: The cap wouldn’t ...

Congressional Review Act resolutions to nullify the Consumer Financial Protection Bureau's overdraft and larger participant ...

The resolution passed through the Congressional Review Act, a unique legislative process to bypass the filibuster to cancel ...

The House voted to repeal a Biden-era rule limiting bank overdraft fees to $5. Critics say it benefits big banks while ...

On April 9, the House of Representatives passed two Congressional Review Act (CRA) joint resolutions aimed at nullifying certain Consumer ...

The House voted Wednesday, 217-211, to overturn through the Congressional Review Act a Consumer Financial Protection ... the overdraft fee as a tool banks use to drive profits. “A vote for ...