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The Associated Press on MSNBank groups sue the Consumer Financial Protection Bureau over a proposed cap on overdraft feesSome banks and banking trade groups are suing the Consumer Financial ... according to data from the CFPB and bank public ...
In October, the CFPB issued a final rule to implement section 1033 of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. The three bank groups sued immediately in the Eastern ...
In June 2018, the CFPB announced that it planned to reconstitute three of its advisory groups, the Consumer Advisory Board (CAB), the Community Bank Advisory Council (CBAC), and the Credit Union ...
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 ...
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