House Votes to Overturn Overdraft Fee Limit. Here's How to Avoid the Penalty

House Votes to Overturn Overdraft Fee Limit. Here's How to Avoid the Penalty

The CFPB had previously capped fees at $5 but you can still find banks that don't charge them.

Attorney General Mayes Fights to Protect Consumers from High Overdraft Fees

Attorney General Mayes and a coalition of 22 other attorneys general sent a letter to the leadership of the U.S. House of Representatives and the House Financial Services Committee urging the House to vote against a resolution that would overturn the Consumer Financial Protection Bureau’s (CFPB) 2024 rule limiting overdraft fees imposed by the country’s largest banks. The rule prevents big banks from charging excessive overdraft fees that can hu…

James urges Congress to keep overdraft fee limits

NEW YORK — Letitia James is among 23 state attorney generals urging the House of Representatives to vote against a resolution that would overturn the Consumer Financial Protection Bureau’s 2024 rule limiting overdraft fees imposed by the nation’s largest banks.