If you spend more money than you have in your checking account, your balance will go negative, and your bank will charge you an overdraft fee. Overdraft protection is a feature offered by many banks ...

In the waning months of the Biden administration, the Consumer Financial Protection Bureau, or CFPB, released a flurry of new consumer protection rules, targeting everything from bank overdraft fees ...

The Senate voted 52-48 in favor of overturning the Consumer Financial Protection Bureau's (CFPB) cap on overdraft fees banks can charge. With the approval, the measure goes to the House for a vote.

When you use more funds than you have in your checking, savings, or money market bank account, you can end up with a negative balance. That can lead to your bank declining future transactions. If you ...

A mere four months ago, the Biden administration capped bank overdraft fees at $5. There was just one catch: The cap wouldn’t take effect until October. It now appears the cap will never take hold.