A few years ago, the Consumer Financial Protection Bureau (CFPB) announced a new rule that would have limited overdraft fees to $5. However, Congress killed tha... (opens in new tab)
A few years ago, the Consumer Financial Protection Bureau (CFPB) announced a new rule that would have limited overdraft fees to $5. However, Congress killed that regulation in 2025, and consumers continue to pay more than $12 billion a year in fees.
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