What’s next for banks amid noise around new overdraft-fee cap

Consumer groups applauded the move, but banks said customers could be driven toward more expensive options such as payday loans.

Topics

Biden administration overdraft rule caps bank and credit union fees at $5

The rule closes a loophole that exempted overdraft fees from lending laws, but is expected to face challenges.
CBS News - 2h
New Federal Rule Limits Overdraft Fees at Large Banks

It is unclear whether the rule, which could help save Americans billions in fees each year, will remain in place after President-elect Donald J. Trump returns to office.
The New York Times - 3h
CFPB announces rule limiting bank overdraft fees

The Consumer Financial Protection Bureau on Thursday announced the final version of a rule limiting banks’ ability to charge overdraft fees.
NBC News - 4h
Consumer Finance Watchdog Caps Overdraft Fees as Banks Object

The CFPB caps fees at $5 per overdraft notice, saying banks have turned added fees into a profit center.
Inc. - 5h
CFPB announces rule limiting bank overdraft fees

The CFPB says the rule will save American consumers $5 billion annually.
CNBC - 4h
What's next for Mets after Juan Soto agrees to $765 million deal? How New York needs to build around superstar

The Mets got their slugger, but their winter can't be done yet
CBS Sports - 3d
Listen: Global News Podcast special - What's next for Syria?

Rebel forces in Damascus say they've ended Bashar al-Assad's rule
BBC News - 4d
What's next for Meta's metaverse

It's been three years since Facebook changed its name to Meta and went all in on the metaverse, and a decade since it purchased Oculus. What happened?
CNBC - 4d
Macron to Pick New Prime Minister in Coming Days. What Else Is Next?

After Prime Minister Michel Barnier lost a no-confidence vote in Parliament, President Emmanuel Macron castigated his political opposition for “choosing disorder” and said he would not resign.
The New York Times - 6d

What’s next for banks amid noise around new overdraft-fee cap

Topics

Related

Biden administration overdraft rule caps bank and credit union fees at $5

New Federal Rule Limits Overdraft Fees at Large Banks

CFPB announces rule limiting bank overdraft fees

Consumer Finance Watchdog Caps Overdraft Fees as Banks Object

CFPB announces rule limiting bank overdraft fees

What's next for Mets after Juan Soto agrees to $765 million deal? How New York needs to build around superstar

Listen: Global News Podcast special - What's next for Syria?

What's next for Meta's metaverse

Macron to Pick New Prime Minister in Coming Days. What Else Is Next?

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