Donald Trump, Elon Musk and the GOP want to reduce the authority of the CFPB, the agency behind a 2024 rule limiting overdraft fees. Money; Getty Images Many Americans celebrated last year when ...

A $1 overdraft can trigger fees, negative balances, and account flags that cost far more than a dollar.

A Biden-era federal rule that would have capped bank overdraft fees at $5 and was expected to save Americans billions annually was struck down Wednesday by the GOP-controlled House of Representatives ...

This is an excerpt from the CNBC Make It newsletter. Subscribe here. Of the many annoying fees banks charge, the overdraft and overdraft "protection" fees can feel especially maddening: A $4 coffee ...

The CFPB rule would apply to banks with more than $10 billion in deposits. Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer ...

Many Americans celebrated last year when government officials announced a restriction on $35 bank overdraft fees for checking accounts. But with the change in leadership in D.C., it’s now unclear ...

Journal Editorial Report: The week's best and worst from Bill McGurn, Kate Bachelder Odell and Kim Strassel. Photo: AFP/Getty Images/Khalil Hamra/Associated Press The Senate passed a resolution, 52-48 ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Overdraft fee is a penalty banks impose when a transaction ...