Among other significant rulemakings that the Consumer Financial Protection Bureau (CFPB) finalized in the waning days of the Biden Administration were 1) an overdraft fees final rule that applies to ...

Capitol Hill Republicans are looking to scrap a pair of major consumer protection rules as they seek to roll back some of the Biden administration’s last-minute regulatory moves. Last week, GOP ...

SAN FRANCISCO--(BUSINESS WIRE)--Leading consumer financial technology company, Chime ®, the #1 Most Loved Banking App 1, announced today that its fee-free overdraft feature, SpotMe 2, has covered its ...

Lawmakers also struck down a rule giving the Consumer Financial Protection Bureau supervisory power over tech companies’ payments apps. By Stacy Cowley The House of Representatives on Wednesday ...

President Donald Trump on May 9, 2025, signed into law measures to eliminate two CFPB rules established under the Biden Administration. The first rule repealed was the CFPB's Overdraft Rule, one ...

Despite predictions that banks would eliminate overdraft fees, they remain a costly burden for many consumers ...

Overdraft protection has become Washington’s latest punching bag. Sens. Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), and Richard Blumenthal (D-Conn.) are again criticizing banks, credit unions ...

The last thing you want when you’re running low on funds is for your bank to charge you an overdraft fee. Luckily, there are ...