Bank groups sue CFPB over rule to limit overdraft fees. Doug Cunningham . Fri, Dec 13, 2024, 12:02 PM 2 min read. Banks and credit unions said Thursday they plan to sue the federal Consumer ...

Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees ... The group claims that the CFPB is exceeding its regulatory authority with the new rule.

Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees Associated Press Friday, Dec. 13, 2024 10:23 a.m. | Friday, Dec. 13, 2024 10:23 a.m. Go Ad-Free Today!

Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge.

Bank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft fees. ... The group claims that the CFPB is exceeding its regulatory authority with the new rule.

While banks have cut back on overdraft fees in the past decade, the nation’s biggest banks still take in roughly $8 billion in the charges every year, according to data from the CFPB and bank ...

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 ...

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 ...