The new rule gives banks three options for overdraft fees, the simplest being to charge $5 per overdraft. The main trade group for U.S. banks opposes the rule, saying it will lead to fewer banks ...
Capitol Hill Republicans are looking to scrap a pair of major consumer protection rules as they seek to roll back some of the Biden administration’s last-minute regulatory moves. Last week, GOP ...
The overdraft-fee battles are again flaring up following a last-ditch attempt by the Biden-era Consumer Financial Protection Bureau to rein in the charges. Processing Content The rule would cap ...
Read full article: Central Florida school district warns of ‘unacceptable’ new TikTok challenge Bartender shot in hands reflects on deadly DeLand bar shooting. NEW YORK – The House voted Wednesday to ...
Consumer groups applauded the move, but banks said customers could be driven toward more expensive options such as payday loans The Biden administration said Thursday that a new rule set to take ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Some banks and banking trade groups are ...
NEW YORK (AP) — The House voted Wednesday to overturn a rule that would have limited bank overdraft fees to $5, following the Senate in moving to dismantle the regulation that the Biden administration ...