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.

Tens of millions of Americans who overdraft on their bank accounts each year may soon enjoy major relief. The government agency in charge of protecting consumers' finances introduced a new rule to ...

Congress overturned a cap on bank overdraft fees, many of which exploit the desperate need of working families for short-term credit.

The three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the ...

More financial institutions are dropping overdraft fees. They're usually about $35 after running a card with no balance. Alliant Credit Union will no longer charge customers for this type of ...

Democrats are once again taking aim at dreaded bank overdraft fees. New York Congresswoman Carolyn Maloney reintroduced legislation on Wednesday that would crack down on overdraft fees, making it ...

Kansas Supreme Court Justice Caleb Stegall, right, authored the high court's unanimous opinion rejecting arguments by Capitol Federal Savings Bank, headquartered in Topeka, that plaintiffs shouldn't ...