Overdraft fees have been on the decline, but a new Senate decision could herald their comeback. See which banks stand to win.
The Consumer Financial Protection Bureau, or CFPB, is a federal agency that helps protect consumers from financial harm. For ...
The bureau’s measure to cap overdraft at $5 is a House vote and presidential signature away from being repealed.
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.
In 2016, the CFPB ordered Wells Fargo to pay $410,000 in relief to student loan borrowers plus a $3.6 million penalty for illegal student loan servicing practices. These companies inflated ...
The Trump administration has halted over 100 corporate enforcement actions, raising concerns about regulatory rollback and ...
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 ...
Key Points ・The Senate voted 52-48 to overturn the CFPB's rule limiting overdraft fees to $5. ・The rule was part of a broader ...