Russell Vought, the new acting head of the consumer watchdog has directed its staff to cease investigations and enforcements while letting go of federal funds it was expected to draw.

President Donald Trump's second administration continued its swift recasting of the federal government, prompting pushback from Democrats and legal challenges. The president said Sunday that he will ...

The heads of both the House and Senate banking committees introduced a Congressional Review Act resolution to undo the ...

Republican members of the U.S. House and Senate introduced a joint resolution under the Congressional Review Act (CRA) to nullify ...

A promised cap on overdraft fees and a ban on including medical debt on credit reports have been suspended, as Elon Musk's goal to "delete" a consumer watchdog is inching closer to reality.

Republican U.S. House and Senate Members Lead Effort to Overturn Biden Administration’s Capping of Overdraft Fees at Banks ...

This puts the CFPB's work on capping overdraft fees and cracking down on medical bills into limbo. A promised cap on overdraft fees and a ban on including medical debt on credit reports have been ...

House Republicans appear ready to start the Congressional Review Act (CRA) process to attempt to repeal the Biden Administration’s ...

The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now ...

Treasury Secretary Scott Bessent called for a halt on most of the CFPB's work. It could impact rules on overdraft fees, ...

Overdraft fees happen when you spend more money than you have in your checking account, and the bank covers the difference. Historically, these fees have been a huge money maker for financial ...

There’s no minimum direct deposit amount to earn interest or to get your paycheck up to two days early, but you’ll need a minimum monthly direct deposit of $1,000 to qualify for overdraft ...