A federal judge in Texas on Friday blocked the Consumer Financial Protection Bureau’s new rule for an $8 cap on credit card ...
The outcome preserves, at least for now, a key revenue stream for the U.S. card industry. The CFPB said the rule would've ...
A federal judge in Fort Worth, Texas, on Friday blocked a new Biden administration rule that would prohibit credit card companies from charging customers late fees higher than $8. US District ...
"Consumers will shoulder $800 million in late fees every month that the rule is delayed — money that pads the profit margins of the largest credit card issuers," a CFPB spokesman told CNBC on ...
A U.S. district court judge has temporarily put a stop to the Consumer Financial Protection Bureau's cap on excessive credit ...
While the CFPB initially issued this rule in March, it remains in limbo as the CFPB grapples with challenges to the cap.
The outcome preserves, at least for now, a key revenue stream for the U.S. card industry. The CFPB said the rule would’ve saved Americans $10 billion a… The U.S. banking industry won a key victory in ...
Legalcategory US judge halts rule capping credit card late fees at $8 1:55 AM UTC Worldcategory US Postal Service wants 25% price hike for high-volume package shipping May 10, 2024 ...
Technologycategory Musk's Starlink satellites disrupted by major solar storm 1:37 PM UTC Legalcategory US judge halts rule capping credit card late fees at $8 1:55 AM UTC Businesscategory New ...
A federal judge in Fort Worth temporarily blocked a new rule that would cap fees on late credit card payments at $8 a month, ...