Data / Federal rules / 2024-31385
Fees for Instantaneously Declined Transactions; Withdrawal of Proposed Rule
The Consumer Financial Protection Bureau published this proposed rule in the Federal Register on January 14, 2025.
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What the agency says
The Consumer Financial Protection Bureau (CFPB) is withdrawing its proposed rule to prohibit banks and other financial institutions from charging certain nonsufficient funds (NSF) fees, such as those for declined debit card purchases, Automated Teller Machine (ATM) withdrawals, and some person-to-person payments. The CFPB will determine whether a more comprehensive approach to also prohibit NSF fees charged for additional types of transactions will better protect consumers from potentially unlawful fees.
Key facts
- Document number
- 2024-31385
- Type
- Proposed rule
- Action
- Withdrawal of proposed rule
- Agency
- Consumer Financial Protection Bureau
- Published
- January 14, 2025
- Dates
- The proposed rule published January 31, 2024, at 89 FR 6031 is withdrawn as of January 14, 2025.
- Docket
- Docket No. CFPB-2024-0003
- Regulation ID (RIN)
- 3170-AB16
- Code of Federal Regulations
- 12 CFR 1042
- Pages
- 3
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| Equal Credit Opportunity Act (Regulation B) 2026-07804 · significant | Final rule | Apr 22 |
| Equal Credit Opportunity Act (Regulation B) C1-2025-19864 · significant | Proposed rule | Feb 25 |
| Home Mortgage Disclosure (Regulation C) Adjustment to Asset-Size Exemption Threshold 2026-00087 | Final rule | Jan 7 |
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Everything from the Consumer Financial Protection Bureau · Published in January 2025
Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.