In a major win for the banking industry, Congress has overturned a Consumer Financial Protection (CFPB) rule that would have ...

The judge took steps to block the late fee cap in 2024, saying it stood in opposition to the Credit Card Accountability and ...

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

The next time you withdraw more money than is in your checking account, it could cost you about $35, or $5: it's all up to ...

The bureau dismissed the case without prejudice – meaning it could refile the lawsuit – setting it apart from other recent ...

Wells Fargo has checked more boxes in its progress toward fixing ... The OCC's 2018 order was accompanied by a $500 million fine, and came in coordination with a consent order from the CFPB. The CFPB ...

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

But a filing in the U.S. District Court for the District of Arizona on Tuesday indicated that the CFPB was dismissing its lawsuit against EWS, Bank of America, JPMorgan Chase and Wells Fargo with ...

The upheaval at the Consumer Financial Protection Bureau has many advocates concerned about financial abuse and fraud.

The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For millions of student loan borrowers, the CFPB has curbed predatory lenders ...

In 2022, the CFPB levied a record $3.7 billion in penalties and redress against Wells Fargo for applying junk fees and interest charges on customers’ auto and mortgage loans, among other alleged ...

The CFPB issued its final rule on overdraft in December ... while many others – notably, Bank of America and Wells Fargo – greatly reduced them. Some Republicans, however, argued that eliminating the ...