13 (UPI) --Banking groups said they plan to sue the federal Consumer Financial ... The groups said the final rule introduced by the CFPB on Thursday, "exceeds its regulatory authority." ...

Some banks and banking trade groups are suing the Consumer Financial ... according to data from the CFPB and bank public records. Currently, there is no cap on the overdraft fees that banks ...

A pair of trade groups have filed a lawsuit against the Consumer ... The lawsuit filed in Texas federal court argues that the CFPB's rule exceeds the agency's statutory authority.

The trade groups also said the CFPB identified no consumer risks or gaps in regulatory oversight that justified the rule, which covers companies that process at least 50 million transactions ...

Harvard University has hired another law firm to help it navigate a U.S. House investigation into its response to claims of ...