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Proposed Legislation › Overdraft Fees › Consumer Financial Protection Bureau (CFPB)

Cozen O'Connor

AGs Urge Congress to Keep CFPB Rule Limiting Overdraft Fees

Cozen O'Connor on

A group of 23 Democratic AGs and Hawaii’s Office of Consumer Protection sent a letter to U.S. House of Representatives leaders urging them to vote against House Joint Resolution 59, which would overturn the CFPB’s 2024 Rule...more

Holland & Knight LLP

CFPB's Overdraft Rule and Big Tech Payment Apps Rule Set for Repeal After Congressional Votes

Holland & Knight LLP on

Among other significant rulemakings that the Consumer Financial Protection Bureau (CFPB) finalized in the waning days of the Biden Administration were 1) an overdraft fees final rule that applies to banks and credit unions...more

Ballard Spahr LLP

Democratic Senators expected to introduce bill requiring CFPB registration of lenders making small-dollar loans

Ballard Spahr LLP on

A group of Democratic Senators led by Oregon Senator Jeff Merkley is expected to introduce the “Stopping Abuse and Fraud in Electronic Lending Act of 2016” or “SAFE Lending Act of 2016.” The bill represents the latest version...more

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