_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 dragon ball super cap 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: 305K times
✓ Published: 11-May-2024
👁 View: 305K 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
Related Videos
_the-sancho-revival.webp "From falling out with the manager to balling out in a UCL semi-final - Jadon Sancho's season has seen it all")
_tips-on-visually-tracking-your-golf-ball.webp "In this video, Neil Tappin shares some handy tips to help you find your golf ball more often and avoid costly penalty strokes."){kind=tracking}
_new-seriesbecause-of-the-ceo-i-dont-have-to-be-a-stripper-anymore-stripper-nanny-ep1-9-drama.webp "【NEW series】Because of the CEO, I don’t have to be a stripper anymore - Stripper Nanny EP1-9 #drama")
⏲ 16:57 👁 265K
_most-capped-players.webp "FourFourTwo mission is to offer our intelligent, international audience access to the game’s biggest names, insightful analysis... and a bit of a giggle.")
_common-driving-range-mistakes.webp "In this video, Kit Alexander explains the 11 most common mistakes golfers make when going to the driving range. Whether it's starting your session with the driver or forgetting to put a basket under the ball dispenser we've got them all covered in this video.")
_cat-plays-fetch-with-owner.webp "Mimmo the cat loved to play fetch with his owner. Every time the person tossed the ball into the other room, Mimmo would run to get it back.<br/><br/>?The underlying music rights are not available for license. For use of the video with the track(s) contained therein, please contact the music publisher(s) or relevant rightsholder(s).?")
_golf-slang-and-terms-you-might-not-know.webp "It's still you! I wasn't watching! I can only see one ball on the green! These are just some of the phrases no golfer wants to hear whilst playing and in this video we are going to look at 12 of the most common phrases no one wants to hear. We have all said them or been on the receiving end at some point in our golfing lives - how many do you recognise!")
_why-do-some-golfers-use-a-yellow-ball.webp "Mike Harris test the new Titleist Pro V1... in yellow! To see whether you should be playing a yellow ball.")
_the-sancho-revival.jpg)
_tips-on-visually-tracking-your-golf-ball.jpg){kind=tracking}
_new-seriesbecause-of-the-ceo-i-dont-have-to-be-a-stripper-anymore-stripper-nanny-ep1-9-drama.jpg)
_most-capped-players.jpg)
_common-driving-range-mistakes.jpg)
_cat-plays-fetch-with-owner.jpg)
_golf-slang-and-terms-you-might-not-know.jpg)
_why-do-some-golfers-use-a-yellow-ball.jpg)
![[+]](/images/menu.gif){kind=small}