If you spend more money than you have in your checking account, your balance will go negative, and your bank will charge you an overdraft fee. Overdraft protection is a feature offered by many banks ...

Overdraft fees benefit banks more than customers, and are taxing America's poor. Here's what you need to know and why policy should do something about it. Many Americans have learned that having less ...

Overdraft news: In spring 2025, both the Senate and the House voted to overturn a rule that would have limited overdraft fees to $5. The resolution — which killed the rule — was also signed by ...

(InvestigateTV) — When an account is overdrawn, consumers pay a high price. In 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that would have required large banks and credit ...

NEW YORK (WABC) -- A rule limiting the amount of overdraft fees that a bank can charge is on the chopping block in Washington, D.C. this week. Consumer watchdogs say the rule could save 23 million ...

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 ...