Tag: Consumer Financial Protection Bureau
Bankers fight to overturn rule on overdraft fees
A proposed banking regulation that one federal agency says will save Americans $5 billion a year in overdraft fees is facing strong opposition from...
Neronha joins lawsuit to protect Consumer Financial Protection Bureau
PROVIDENCE – Attorney General Peter F. Neronha has joined a lawsuit to stop the Trump administration from shutting down the Consumer Financial Protection Bureau.
In...
Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that...
WASHINGTON (AP) – The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job...
USDA bans school lunch fees for low-income families
NEW YORK (AP) – The U.S. Department of Agriculture announced that students eligible for free or reduced price school meals cannot be charged processing...
Navigant makes changes to fee policy on overdrafting accounts
SMITHFIELD – Navigant Credit Union, the state's largest credit union, says it has eliminated or reduced the fees for overdrafting accounts.
The new fee structure...
Big-bank CEOs warn that new regulations could harm the economy
NEW YORK (AP) – The heads of Wall Street's biggest banks used an appearance on Capitol Hill to plead with senators to stop the...
Reed leads call for credit bureaus to better protect service members...
PROVIDENCE – Erroneous information that shows up on a credit report can be costly for any consumer – making it harder and more expensive...
BofA to pay more than $100M for doubling fees, opening accounts...
Bank of America must pay more than $100 million to customers for doubling up on some fees, withholding reward bonuses and opening accounts without...
CFPB launches probe into costly credit cards pushed on patients for...
WASHINGTON – Three federal agencies last week launched an investigation into high-cost specialty financial products – such as medical credit cards and installment loans...
CFPB director Chopra outlines road to open banking
PROVIDENCE – The Consumer Financial Protection Bureau is working to accelerate the shift to open banking through a new personal data rights rule intended...
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