A Biden-era federal rule that would have capped bank overdraft fees at $5 and was expected to save Americans billions annually was struck down Wednesday by the GOP-controlled House of Representatives ...

The House voted to cancel a rule finalized under former President Joe Biden that capped overdraft fees at large banks and credit unions, sending it to President Donald Trump for final approval. The ...

Under President Joe Biden, the Consumer Financial Protection Bureau (CFPB) instituted a $5 cap on bank overdraft fees. Senate Republicans have voted to let banks take advantage of Americans by ...

Statement: “I am not making this up: Republicans have introduced legislation… to increase your bank fees." Pete Buttigieg, ...

Pete Buttigieg, who served as transportation secretary during former President Joe Biden’s administration and is mulling a Senate run in Michigan, criticized proposed legislation to overturn a ...

New York consumers will soon be able to more easily cancel their online subscriptions and have better data privacy protections from "Buy Now, Pay Later" lenders under legislation included in the state ...

The House Financial Service Committee could move Wednesday toward nullifying a rule that would cap overdraft fees that are now as high as $35. The rule, finalized by the Consumer Financial Protection ...

The claim:Pete Buttigieg, who served as transportation secretary during former President Joe Biden’s administration and is mulling a Senate run in Michigan, criticized proposed legislation to overturn ...

A major US bank has agreed to pay hundreds of millions of dollars to settle allegations that customers were charged illegal overdraft fees for years.