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

Among other significant rulemakings that the Consumer Financial Protection Bureau (CFPB) finalized in the waning days of the Biden Administration ...

House and Senate pass legislation repealing a CFPB rule that would cap overdraft fees at $5 or limit them to actual bank ...

The federal rule would have capped bank overdraft fees at $5 and was expected to save Americans billions annually.

The House has voted to overturn a rule that would have limited bank overdraft fees to $5, following the Senate in moving to ...

Do politicians hate poor people? The question reads as simplistic, but it rates asking at times like these as legislation makes its way through Congress that would legalize a $5 cap on overdraft fees ...

The House voted to repeal a Biden-era rule limiting bank overdraft fees to $5. Critics say it benefits big banks while ...

Banks are celebrating the vote, but consumer advocates warn this could worsen the struggles facing low-income families.

Musk, on his part, has been vocal about the need to remove the agency, posting on the X platform a "CFPB RIP" with a tombstone emoji. Now that the Senate has passed the resolution, what happens next?

Under President Joe Biden, the Consumer Financial Protection Bureau (CFPB) instituted a $5 cap on banks overdraft fees. Senate Republicans voted 52-48 Thursday in favor of legislation that would ...

The Consumer Financial Protection Bureau (CFPB) instituted a $5 cap on overdraft fees under President Joe Biden. Thankfully for major banking institutions — and unfortunately for working Americans — ...