Tens of millions of Americans who overdraft on their bank accounts each year may soon enjoy major relief. The government agency in charge of protecting consumers' finances introduced a new rule to ...

America's banking system generates billions in revenue from everyday consumers who pay for the privilege of holding, accessing, and using their own money. In 2024, the Consumer Financial Protection ...

Editor's Note: This article has been updated utilizing more recent information on overdraft fees. America's banking system generates billions in revenue from everyday consumers who pay for the ...

Democrats are once again taking aim at dreaded bank overdraft fees. New York Congresswoman Carolyn Maloney reintroduced legislation on Wednesday that would crack down on overdraft fees, making it ...

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 ...

The Consumer Financial Protection Bureau announced a new rule proposal that would limit overdraft fees banks charge on consumers. The rules would apply to most large banks and lenders — those holding ...

Congress is considering a bill that would reduce banks' ability to charge overdraft fees. (iStock) The U.S. House Committee on Financial Services voted to send a bill to the full House of ...

There was a line at a large national bank’s downtown branch on a recent Tuesday afternoon. A retiree tapped a finger at a $12 “maintenance adjustment,” squinting at a printed statement. A $35 ...