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2. CFPB finalizes rule capping overdraft fees at $5 [Video] - AOL

   www.aol.com/finance/cfpb-finalizes-rule-capping...

   In 2023, banks collectively earned $5.83 billion in revenue off overdraft and nonsufficient fund fees, down from nearly $12 billion in 2019. The CFBP’s new rules, which would apply to ...

3. New federal rule bans 'junk fees' on hotels, live-event tickets

   www.aol.com/federal-rule-bans-junk-fees...

   MORE: Overdraft fees could be capped at $5 under new federal rule. The change is part of a broader push from the administration of President Joe Biden to lower costs as households have been ...

4. Overdraft fees would be slashed under new Biden ... - AOL

   www.aol.com/news/overdraft-fees-slashed-under...

   Thanks to a rule finalized Thursday by the federal Consumer Financial Protection Bureau, those fees could drop sharply next year — provided the rule isn't overturned by Congress or the courts ...

5. Bank groups sue the Consumer Financial Protection Bureau over ...

   www.aol.com/bank-groups-sue-consumer-financial...

   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 ...

6. Capping Overdraft Fees Will Hurt Some of the People It Is ...

   www.aol.com/news/capping-overdraft-fees-hurt...

   There are currently no limits on those fees, and the average overdraft fee is about $35, according to the CFPB. The bureau estimates that the new rule will save consumers about $5 billion annually.

7. Biden administration unveils proposed changes to big banks ...

   www.aol.com/news/biden-administration-unveils...

   Taken together, these banks typically account for the lion’s share of the overdraft fees charged in any given year. CFPB officials said they expected the rule to be finalized in the coming year ...

8. Banks that have cut or eliminated overdraft fees - AOL

   www.aol.com/finance/banks-cut-eliminated...

   The bank made additional changes to its overdraft fee structure, including reducing the number of $35 fees that could be charged each day for covered overdrafts and returned items and eliminating ...

9. Overdraft fees could drop to as low as $3 under new Biden ...

   www.aol.com/news/overdraft-fees-could-drop-low...

   CEO Jamie Dimon told lawmakers in 2022 that with changes the bank has made, roughly 70% of all transactions that cause a negative balance do not incur overdraft fees.