return2ozma@lemmy.world to News@lemmy.world · 6 months agoCredit card late fees capped at $8 under Biden crackdown on 'junk fees'www.usatoday.comexternal-linkmessage-square123fedilinkarrow-up1888arrow-down113
arrow-up1875arrow-down1external-linkCredit card late fees capped at $8 under Biden crackdown on 'junk fees'www.usatoday.comreturn2ozma@lemmy.world to News@lemmy.world · 6 months agomessage-square123fedilink
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkarrow-up15·6 months ago The U.S. Chamber of Commerce said it would be filing a lawsuit against the CFPB "to prevent this misguided and harmful rule from going into effect.” Don’t hold your breath. The current state of the judiciary is nakedly hostile to administrative law generally and bank regulations specifically. Keep an eye on Consumer Financial Protection Bureau v. Community Financial Services Association of America, Limited. Might not even have the CFPB for much longer.
Don’t hold your breath. The current state of the judiciary is nakedly hostile to administrative law generally and bank regulations specifically.
Keep an eye on Consumer Financial Protection Bureau v. Community Financial Services Association of America, Limited. Might not even have the CFPB for much longer.