News

A federal judge just scrapped a rule that capped credit card late fees at $8, down from over $30. This reverses a move made under the Biden administration last year.
A federal judge in Texas tossed a former President Biden-era Consumer Financial Protection Bureau (CFPB) rule that capped credit card late fees at $8 after both sides on the issue agreed that it ...
A Texas federal judge has ruled against a Biden-era regulation that would have capped credit card late fees at $8, terminating a major initiative by the Consumer Financial Protection Bureau (CFPB ...
The Brief. A rule to cap credit card late fees will not take effect following a court ruling by a Texas judge. Banks and industry groups sued to stop the Biden-era late fee rule, due to the ...
A federal judge just scrapped a rule that capped credit card late fees at $8, down from over $30. This reverses a move made under the Biden administration last year.