The rule that would cap overdraft fees at $5 now goes to President Donald Trump, who has indicated he will sign a measure to ...

According to the CFPB, current regulation “sets forth a safe harbor of $30 generally for penalty fees, except that it sets ...

The CFPB rule would have affected financial institutions with more than $10 billion in assets. The bureau said in December ...

The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For ...

Big banks and a credit union earned nearly $3.5 billion from overdraft fees in 2024, with Chase, Wells Fargo and Navy Federal ...

The upheaval at the Consumer Financial Protection Bureau has many advocates concerned about financial abuse and fraud.

The CFPB issued its final rule on overdraft in December ... while many others – notably, Bank of America and Wells Fargo – ...

Zelle, the popular person-to-person money transferring service, shut down its standalone app Tuesday — but the service itself ...

In December 2022, the CFPB ordered Wells Fargo to pay $1.7 billion in fines and more than $2 billion in redress and compensation to customers. Fed Chairman Jerome Powell said in 2021 the asset cap ...

“Trump fatigue” is a horrible malady as part of which the afflicted turn their backs on even the most zany and outrageous of ...