CFPB Director Rohit Chopra called overdraft fees "a massive junk fee harvesting machine" in January when the agency proposed a rule that would set maximum fees at $14 for the largest 175 banks. The ...
Housing advocates and compliance firms are suing to block a rule from the Consumer Financial Protection Bureau that they say ...
Senior bankers will be able to pocket bonuses more quickly under a relaxation of rules brought in after the financial crisis of 2007/2008. Senior bankers have had to wait up to eight years to collect ...
Last July, the Federal Reserve and other financial regulators proposed rules on bank capital standards that have been more than a decade in the making. The rules require banks to hold more capital ...