The U.S. banking industry won a key victory in its effort to block the implementation of a Consumer Financial Protection Bureau rule that would've drastically limited the fees that credit card ...
New government regulations are slashing the late fees charged by many credit card companies. On March 5, 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule limiting the penalty ...
A federal judge in Texas on Friday blocked a new Biden administration rule that would prohibit credit card companies from charging customers late fees higher than $8.U.S. District Judge Mark T.
FORT WORTH, Texas — A federal judge on Friday temporarily blocked a rule that would have prohibited credit card companies from charging consumers late fees in excess of $8 per month. Judge Mark T.
(Reuters) -A federal judge in Texas on Friday halted the Consumer Financial Protection Bureau's new rule capping credit card late fees at $8, a victory for business and banking groups challenging ...