On Wednesday, the Republican-controlled House passed two resolutions along party lines overturning rules—on capping bank overdraft fees and oversight of consumer payment apps—that were adopted in…

Rohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on June 14, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesThe…

Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a $5 cap under new rules released Thursday by federal regulators. The cap on…