Statement from President Joe Biden on the Supreme Court Ruling …
May 16, 2024 · Since President Obama and I created it in the wake of the Great Recession, the Consumer Financial Protection Bureau (CFPB) has worked to protect consumers from abusive practices by lenders,...
Bank groups sue the Consumer Financial Protection Bureau | AP …
Dec 13, 2024 · Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge. The rule is part of President Joe Biden administration’s campaign to reduce junk fees that hit consumers on everyday purchases, including banking services.
Biden-Harris Administration Announces Broad New Actions to …
Oct 11, 2023 · Today, President Biden will be joined by Federal Trade Commission (FTC) Chair Lina Khan and Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra as they announce new efforts...
New Rule Puts Cap On Bank Overdraft Fees | HuffPost Latest News
Dec 12, 2024 · The Consumer Financial Protection Bureau released a new rule Thursday that would cap bank overdraft fees charged to customers, but the regulation faces an uncertain future under President-elect Donald Trump.
Biden administration plans to slash overdraft fees at big banks: 'I ...
The Consumer Financial Protection Bureau on Wednesday proposed a set of new rules that would slash the fees banks charge customers for withdrawing more than the available funds in their account ...
Biden administration proposes rule that could save consumers …
Jan 17, 2024 · A proposed rule by the Consumer Financial Protection Bureau to curb overdraft fees would only apply to banks and credit unions with at least $10 billion in assets.
Bank groups sue US government bureau over overdraft fees rule
Dec 13, 2024 · Some banks and banking trade groups are suing the Consumer Financial Protection Bureau (CFPB) over a finalized rule that limits the amount of overdraft fees that banks can charge account...
Overdraft Fees Could Be Capped At $5 Under New Rule
Dec 12, 2024 · In what could be one of the final salvoes in President Joe Biden's war on what the administration calls "junk fees," the Consumer Financial Protection Bureau issued a final rule Wednesday capping ...
Supreme Court Sides With the Consumer Financial Protection Bureau ...
May 16, 2024 · President Joe Biden, a fellow Democrat who has taken steps to strengthen the bureau, called the ruling “an unmistakable win for American consumers.” Unlike most federal agencies, the consumer...
White House aims to make it easier for consumers to get refunds …
Aug 12, 2024 · Among the new initiatives announced Monday are a series of Consumer Financial Protection Bureau (CFPB) rule makings, that will target customer service “doom loops” and ineffective chatbots used...