Republicans in Congress are trying to overturn a Biden-era rule that would slash excessive overdraft fees charged by big banks. The House Financial Services Committee voted Wednesday to repeal the rule, which limits most big bank overdraft charges to $5, ...

Top 10 consumer complaints in New York When New Yorkers purchase a product or service, they expect they are getting a quality product. Sometimes, those expectations fall short and consumers want to make sure they're getting what they paid for, or ...

On the Border Mexican Grill & Cantina is seeking a buyer as it moves through a restructuring process after filing for bankruptcy protection March 4. On the Border closed at least 77 locations in 24 states and owes lender CrossFirst ...

Since Donald Trump took office for the second time, the US government has been pursuing staff reduction policies both to save costs and to optimize employee performance. DOGE, run by Elon Musk, has been primarily responsible for carrying out this ...

National Consumer Protection Week is March 2 to March 8   To kick off National Consumer Protection Week, Attorney General Todd Rokita is reiterating his commitment to protecting Hoosier consumers, urging them to protect themselves from robocalls and report scams ...

PENNSYLVANIA (WTAJ) — A Representative introduced a bill that looks to combat LGBTQ+ discrimination in the Credit Service Industry. Authored by Rep. Liz Hanbidge (D – Montgomery), the bill cites data from the Ivy College of Business at Iowa State ...

Banking groups argue that credit unions are just like banks, and the not-for-profit tax status is an unfair advantage. Thousands of advocates are convening in Washington, D.C., this week for America’s Credit Unions’ Governmental Affairs Conference (GAC) to share a critical ...

The Education Department Memo To Student Loan Servicers The Education Department has instructed student loan servicers to stop accepting and processing all student loan forgiveness applications for three months, according to a memo obtained by The Washington Post. The loan ...

American banks are facing a sharp rise in unrealized losses, with the latest data from the Federal Deposit Insurance Corporation (FDIC) revealing a significant increase in the fourth quarter of 2024. The total value of these losses surged by $118.4 ...