5th Circ. Urged To Block CFPB's Credit Card Late Fee Rule

By Jon Hill (April 29, 2024, 9:41 PM EDT) -- Banking industry trade groups have called for the Fifth Circuit to act quickly to put the Consumer Financial Protection Bureau's $8 credit card late fee standard on hold, arguing that large credit card issuers stand to suffer "substantial" losses if it goes into effect even for just one day....

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