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...
Statement from President Joe Biden on the FTC Banning Hidden …
Dec 17, 2024 · The Consumer Financial Protection Bureau lowered overdraft and credit card late fees, the Department of Transportation proposed a ban on family seating fees and required upfront disclosure of ...
New Rule Puts Cap On Bank Overdraft Fees | HuffPost Latest News
Dec 12, 2024 · A new rule from the Consumer Financial Protection Bureau would cap many overdraft fees at just $5. It might not last. ... who was appointed by President Joe Biden, said in a statement. Advertisement. The rule is slated to go into effect on Oct 1, 2025, but it might not make it that far. Industry groups claim the CFPB is exceeding its authority ...
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...
Bank groups sue the Consumer Financial Protection Bureau …
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...