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NEW YORK (AP) — The House voted Wednesday to overturn a rule that would have limited bank overdraft fees to $5, following the ...
Among other significant rulemakings that the Consumer Financial Protection Bureau (CFPB) finalized in the waning days of the Biden Administration ...
Trump is expected to sign a repeal of overdraft fee caps, allowing banks to keep charging up to $35—critics warn it hurts low ...
Overdraft fees are penalties a bank can charge if you overdraw on your account. The CFPB put the $5 cap in place in December, stating that the rule could save consumers up to $5 billion in annual ...
On April 9, the House of Representatives passed two Congressional Review Act (CRA) joint resolutions aimed at nullifying certain Consumer ...
A Biden-era rule that capped most bank overdraft fees at $5 is on the verge of being scrapped after the U.S. House of ...
Two major consumer protection measures that federal ... looser oversight thanks to this week’s vote is Zelle, the country’s ...