President Trump signed two congressional rollbacks of Biden-era rules from the Consumer Financial Protection Bureau (CFPB) ...

The move overturns the bureau’s effort to cap overdraft fees at $5. The American Bankers Association also dropped its lawsuit ...

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 ...

New York Governor Kathy Hochul’s massive budget passed the state legislature late Thursday, paving the way for a bundle of ...

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 ...

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 ...

With more than three years of experience as a personal finance writer, Jamela Adam simplifies complex money topics to help readers become experts at managing their finances. Her work has been ...

"Most debit card overdrafts are less than $26, far below the typical fee and are repaid within three days resulting in the ...

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 ...