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

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

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

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

The Consumer Financial Protection Bureau in the last few years has aggressively tried to limit what it called excessive fees.

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 ...