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

The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some ...

In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have ...

For customers living paycheck-to-paycheck, overdraft protection provides an important lifeline to ensure critical expenses ...

The next time you withdraw more money than is in your checking account, it could cost you about $35, or $5: it's all up to ...

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 ...

Overdraft fees are penalties a bank can charge if you overdraw on your account. The CFPB put the $5 cap in place in December, ...

The CFPB rule would have affected financial institutions with more than $10 billion in assets. The bureau said in December ...

The House has voted to overturn a rule that would have limited bank overdraft fees to $5, following the Senate in moving to ...

Congress has voted to overturn federal limits on overdraft fees, drawing praise from banks but fierce criticism from consumer ...

Congress has overturned a rule meant to protect consumers from excessive overdraft fees, and the change in law is awaiting ...

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