Bank Groups Sue US Government Bureau Over Overdraft Fees Rule
A new rule that caps overdraft fees at $5 is being challenged by banks who argue that it exceeds the government's authority.
Consumer protection agency finalizes rule limiting overdraft fees
The Consumer Financial Protection Bureau installed the regulation less than two months before President-elect Donald Trump ...
Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees
Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits ...
Overdraft Fees Could Be Capped At $5 Under New Rule
Key Takeaways The Consumer Financial Protection Bureau issued a rule capping overdraft fees at $5 in most cases.The fee cap ...
Biden administration caps bank and credit union overdraft fees at as low as $5
The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.
Bank groups sue CFPB over rule to limit overdraft fees
Banking groups said they plan to sue the federal Consumer Financial Protection Bureau for adopting a rule that would limit ...
Consumer Finance Watchdog Caps Overdraft Fees as Banks Object
US watchdog caps bank overdraft fees over industry objection (Reuters) – The U.S. watchdog agency for consumer finance on ...
Overdraft fees to be limited under new federal rule
Under the new policy, banks can choose between one of three options to replace their old overdraft rate, which could have ...
Consumer Bankers Association CEO Lindsey Johnson on CFPB lawsuit, bank overdraft fees
Lindsey Johnson, Consumer Bankers Association president and CEO, joins 'Squawk Box' to discuss the organization's lawsuit ...
Overdraft fees could be capped at $5 under new federal rule
Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...