Three things are certain in life: death, taxes, and fraud. Add a new certainty for 2025: A new director of the Consumer ...

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 ...

The CFPB said the banks violated federal law through critical failures, alleging they ignored red flags that could have prevented fraud.

President Joe Biden waited two years into his term in office to issue his first presidential veto, but he's primed to ...

The Biden administration finalized a rule limiting overdraft fees banks can charge to reduce junk fees that hit consumers.

The Biden administration has withdrawn two major plans to deliver student loan forgiveness. The proposed regulations would ...

Walmart and a financial tech company are being sued over allegations the retail giant forced drivers to use costly, ...

The U.S. Consumer Financial Protection Bureau said on Friday it filed a lawsuit against JPMorgan Chase , Bank of America and ...

Three of the largest U.S. banks rushed the Zelle digital payment system to market "without implementing effective consumer ...

Under the Consumer Financial Protection Bureau rule announced Thursday ... will be controlled by Republicans in 2025. President Joe Biden in a statement in January called overdraft fees "exorbitant." ...

The rule announced Thursday would require big banks and credit unions to slash long criticized high overdraft fees from $25 or $35 in many cases.

The Federal Trade Commission’s new restrictions on “junk fees” are well-positioned to survive the transition to ...