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 ...

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.

In December, the CFPB approved a rule requiring large financial institutions to limit overdraft fees to $5. As President Donald Trump’s cost-cutting crusade targets the government agency tasked with ...

A Biden-era rule that capped most bank overdraft fees at $5 is on the verge of being scrapped after the U.S. House of Representatives recently joined the U.S. Senate in voting to repeal it. The ...

NEW YORK (AP) — Navy Federal Credit Union will no longer have to refund $80 million to servicemen and women for illegally charging them overdraft fees on their accounts, after the Consumer Financial ...

As President Donald Trump’s cost-cutting crusade targets the government agency tasked with financial oversight for consumers, dozens of regulations have been caught in the crosshairs. The Consumer ...