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Biden Jr.’s presidency to fall. Congress voted last week to strike down the $5 cap on most overdraft fees approved by the Consumer Financial Protection Bureau late last year. President Trump is ...
New York Governor Kathy Hochul’s massive budget passed the state legislature late Thursday, paving the way for a bundle of ...
In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have limited overdraft fees to $5 at the nation’s largest banks and credit ...
"Most debit card overdrafts are less than $26, far below the typical fee and are repaid within three days resulting in the ...
Court Overturns CFPB Rule on late fees: A federal court in Texas vacated a Biden-era Consumer Financial Protection Bureau (CFPB) rule that capped credit card overdraft fees at $8. The court's ...
HUNTSVILLE, Ala. (WHNT) — Congress has overturned a rule meant to protect consumers from excessive overdraft fees, and the change in law is awaiting the President’s signature. The rule ...
Banks are making billions of dollars annually from overdraft fees, with Chase alone earning $1 billion last year.Wells Fargo and Navy Federal Credit Union are also cashing in, reporting $1 billion ...
HUNTSVILLE, Ala. (WHNT) — The House of Representatives voted against a Biden-era regulation putting a ceiling on overdraft fees, sending the resolution to President Trump’s desk for a signature.