CFPB Director Rohit Chopra called overdraft fees "a massive junk fee harvesting machine" in January when the agency proposed a rule that would set maximum fees at $14 for the largest 175 banks. The ...
This is the fourth time that TD Bank has made significant changes to its overdraft fee polices. A top executive says it has nothing to do with trying to grease the wheels for its delayed acquisition ...
Citigroup is saying goodbye to overdraft fees, making it the biggest US bank to pledge to eliminate the controversial charges. Citigroup is saying goodbye to overdraft fees, making it the biggest US ...
There's a tug of war stewing between U.S. banks and a leading national consumer group, which has proposed a significant reduction in the fees lenders can charge consumers who spend more money than ...
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 ...
Fourteen of the largest U.S. retail banks posted jumps in the income they generated from overdraft and bounced-check fees ...
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 ...