The cap, approved last year, never took effect, though some banks voluntarily lowered or eliminated their fees. Here are some ...

A mere four months ago, the Biden administration capped bank overdraft fees at $5. There was just one catch: The cap wouldn’t ...

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 ...

Key TakeawaysCongress passed a law last week overturning the Consumer Financial Protection Bureau's $5 overdraft fee cap, ...

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

Congress has voted to overturn federal limits on overdraft fees, drawing praise from banks but fierce criticism from consumer ...

For customers living paycheck-to-paycheck, overdraft protection provides an important lifeline to ensure critical expenses ...

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

Banks are celebrating the vote, but consumer advocates warn this could worsen the struggles facing low-income families.

The House has voted to overturn a rule that would have limited bank overdraft fees to $5, following the Senate in moving to ...

The House of Representatives voted against a Biden-era regulation putting a ceiling on overdraft fees, sending the resolution ...

The rule that would cap overdraft fees at $5 now goes to President Donald Trump, who has indicated he will sign a measure to ...