Overdraft fees have been on the decline, but a new Senate decision could herald their comeback. See which banks stand to win.
Key Points ・The Senate voted 52-48 to overturn the CFPB's rule limiting overdraft fees to $5. ・The rule was part of a broader ...
The San Francisco bank announced Monday that it has shed its fifth regulatory order this year — this one related to loss ...
The bureau’s measure to cap overdraft at $5 is a House vote and presidential signature away from being repealed.
Banks are celebrating the vote, but consumer advocates warn this could worsen the struggles facing low-income families.
The Consumer Financial Protection Bureau on Tuesday dropped its lawsuit against Early Warning Services and several big banks for failing to safeguard the Zelle payments network from fraud.
Efforts to gut the bureau still appear on, evidence may indicate. A defense attorney, meanwhile, tried to highlight the differences between DOGE’s actions and those of the CFPB’s new leadership.
The agency protects consumers from being cheated by financial entities. Ever since the Consumer Financial Protection Bureau ...
Representatives for the CFPB, Wells Fargo, and Early Warning Services, the joint venture of seven different banks which operates the Zelle system, did not immediately respond to requests for ...
The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December against three of the nation's largest banks over their handling of the payment ...