The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now under strict orders to do nothing. “Please do not perform any work tasks,” ...
Banking groups and Texas business associations asked a federal court to abolish a new federal rule that would cap most late fees at $8. By Stacy Cowley Six trade groups sued the Consumer Financial ...
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 Judge ...
A federal judge threw out a U.S. Consumer Financial Protection Bureau (CFPB) rule Tuesday that capped all credit card late fees at $8. U.S. District Judge Mark Pittman of the U.S. District Court for ...
The Consumer Financial Protection Bureau said its new restriction would save households $10 billion a year in “junk fees.” By Stacy Cowley Millions of Americans could soon see lower credit card bills ...
A federal judge in Texas on Friday blocked the Consumer Financial Protection Bureau’s new rule for an $8 cap on credit card late fees, a victory for business and banking groups that said the regulator ...