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Legislation Seeks to Revoke CFPB Limits on Credit Card Late Fees

A Congressional Review Act has been introduced that seeks to overturn the CFPB’s proposed capping of credit card late fees.

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Government Micromanagement Hurts Responsible Credit Card Users

The CFPB issued a rule that would lower the allowed late fee charge by many credit card issuers, punishing consumers who pay their credit card bills on time.

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Next time you get your credit card statement, you may want to give it a close look

Credit card companies are about to see limits on late fees and swipe fees, which means they're going to make that money up in other ways.

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Scott introduces measure to overturn CFPB late fee rule

Scott introduces measure to overturn CFPB late fee rule
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Your Credit Card Company Will Find New Ways to Screw You on Fees

Credit card companies are about to see limits on late fees and swipe fees, which means they're going to make that money up in other ways.

United-states , Americans , American , Ira-rheingold , Matt-schulz , Amanda-jackson , Mark-mason , Doug-kantor , Mark-elliot , American-express , Visa , Bank-policy-institute

Next time you get your credit card statement, you may want to give it a close look

Credit card companies are about to see limits on late fees and swipe fees, which means they're going to make that money up in other ways.

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As CFO of a billion-dollar company, I couldn't get a checking account

As CFO of a billion-dollar company, I couldn't get a checking account
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Daily Financial Regulation Update -- Thursday, April 4, 2024 | Paul Hastings LLP

April 3, 2024- Federal Reserve Board Chair Jerome H. Powell gave opening remarks at the Stanford Business, Government, and Society Forum at Stanford Graduate School of...

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Treasury accuses banks of 'insufficient data sharing' on fraud

Treasury accuses banks of 'insufficient data sharing' on fraud
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Daily Financial Regulation Update -- Thursday, April 3, 2024 | Paul Hastings LLP

April 2, 2024 - Federal Reserve Board Governor Michelle W. Bowman gave a speech entitled, "Bank Mergers and Acquisitions, and De Novo Bank Formation: Implications for the Future ...

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