_u-s-chamber-of-commerce-leads-lawsuit-to-halt-consumer-financial-protection-bureau39s-late-fee-rule.jpg "U.S. Chamber of Commerce Leads Lawsuit to Halt Consumer Financial Protection Bureau's Late Fee Rule from sue me lyrics Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:47
👁 View: 555K times
✓ Published: 11-May-2024
👁 View: 555K times
✓ Published: 11-May-2024
Description:
The Consumer Financial Protection Bureau introduced a new rule that would cap credit card late fees at $8, down from the typical $32 currently charged by most banks. This is estimated to save Americans $10 billion annually in late fees. The credit card industry, led by the US Chamber of Commerce, sued the CFPB in federal court to block this new rule from taking effect. A judge in Texas is expected to decide whether to grant an injunction requested by the industry that would freeze the new rule until the legal issues are resolved. Analysts expect the industry lawsuit will likely be successful, as Texas courts are viewed as favorable to corporations.
The Consumer Financial Protection Bureau introduced a new rule that would cap credit card late fees at $8, down from the typical $32 currently charged by most banks. This is estimated to save Americans $10 billion annually in late fees. The credit card industry, led by the US Chamber of Commerce, sued the CFPB in federal court to block this new rule from taking effect. A judge in Texas is expected to decide whether to grant an injunction requested by the industry that would freeze the new rule until the legal issues are resolved. Analysts expect the industry lawsuit will likely be successful, as Texas courts are viewed as favorable to corporations.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_sabrina-carpenter-sue-me-lyrics.webp "Chill Zone")
_sabrina-carpenter-sue-me-lyrics.webp "OVERDOSE Lyrics")
_the-substitute-bride-new-amp-hot-channel.webp "The Substitute Bride - New & Hot Channel from sue me lyrics")
_sabrina-carpenter-sue-me-lyrics.webp "Pop Lyrics")
_sabrina-carpenter-sue-me-lyrics.jpg)
_sabrina-carpenter-sue-me-lyrics.jpg)
_the-substitute-bride-new-amp-hot-channel.jpg)
_sabrina-carpenter-sue-me-lyrics.jpg)
![[+]](/images/menu.gif){kind=small}