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

The resolution passed through the Congressional Review Act, a unique legislative process to bypass the filibuster to cancel ...

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

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

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

On Wednesday, the Republican-controlled House passed two resolutions along party lines overturning rules—on capping bank overdraft fees and oversight of consumer payment apps—that were adopted in the ...

The CFPB rule had been set to take effect in October. Wednesday’s tally fell largely along party lines, with just one Republican – Rep. Ryan Mackenzie of Pennsylvania – voting against the CRA ...

The House voted Wednesday, 217-211, to overturn through the Congressional Review Act a Consumer Financial Protection Bureau final rule that would cap overdraft ... The CFPB rule had been set ...

The panel voted 30-19 to repeal the rule earlier this month, and it can be teed up quickly in the full chamber now that it has passed the Senate. Nullifying the overdraft rule means that the CFPB ...