If you've ever checked your bank statement and spotted an unexpected overdraft fee, you're not the only one. U.S. banks made a staggering $12.1 billion in overdraft fees in 2024, according to the ...

The Consumer Financial Protection Bureau on Wednesday said it is proposing a rule that would curb excessive overdraft fees charged to customers of large banks and credit unions, potentially saving ...

The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest move by the Biden administration to combat fees it says pose an unnecessary ...

Big banks and credit unions that dominate the financial landscape would only be able to charge $5 for overdraft fees or face much tighter restrictions under a final rule by regulators. Under the ...

Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer Financial Protection Bureau. Rohit Chopra, the director of the government ...

Bank trade groups dismissed the Biden administration’s new proposal to cap overdraft fees as “misguided” and an “effort to score political points.” The Consumer Financial Protection Bureau (CFPB) ...

Seen bizarre activity on your statement from your own bank? That might be the sneaky, new bank junk fees that are really ...

A Biden-era federal rule that would have capped bank overdraft fees at $5 and was expected to save Americans billions annually was struck down Wednesday by the GOP-controlled House of Representatives ...

WASHINGTON, D.C. (WALB) - Senator Reverend Raphael Warnock released a statement, following the response to the Consumer Financial Protection Bureau’s announcement. The proposal was to close a loophole ...

NEW YORK — The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest effort by the Biden administration to combat fees it says pose an ...

President Joe Biden flanked Secretary of State Antony Blinken, left, and Secretary of Defense Lloyd Austin, right, speaks during a meeting with the members of his cabinet and first lady Jill Biden, in ...

Discover the basics of account statements, including definitions, uses, features, and examples, to manage finances ...