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 ...

The Biden administration has finalized a rule limiting overdraft fees banks can charge, as part of the White House’s campaign to reduce junk fees that hit consumers on everyday purchases, including ...

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 The first rule repealed was the CFPB's Overdraft Rule, one ...

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 ...

The fate of a new regulation that protects consumers from high overdraft checking fees is expected to come up for a vote in the House tomorrow. The Senate has already voted to throw out the rule and ...

The overdraft fee limit was struck down 217-211, with Rep. Ryan Mackenzie of Pennsylvania the lone Republican to join the Democrats’ dissent. The rule granting the government supervision over ...