_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 fifa 21 card 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: 130K times
✓ Published: 11-May-2024
👁 View: 130K 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
_best-choice-ever-2024-episode-28-english-sub.webp "Best Choice Ever (2024) Episode 28 English sub")
_my-divine-emissary-2024-ep-21-eng-sub.webp "My Divine Emissary (2024) ep 21 eng sub")
_is-your-airline-rewards-card-costing-you-more-officials-debate-need-for-new-regulations-on-credit-card-reward-and-airlin.webp "The Consumer Financial Protection Bureau and the Department of Transportation held a joint hearing to discuss whether new regulations are needed for credit card reward programs and airline loyalty programs. Officials argue that for many consumers, the high fees and interest charged on travel rewards credit cards outweigh the value of the rewards and perks earned. Airline-branded credit cards can be much costlier than average cards, with annual fees as high as $650 and interest rates averaging more than 25% compared to no annual fees and about 24% for most cards. Loyalty programs are major revenue generators for airlines, with Delta earning $6.5 billion and Americans expecting 80% of revenue from loyalty members.")
_will-love-in-spring-2024-ep-21-eng-sub.webp "Will Love in Spring (2024) ep 21 eng sub")
_mother39s-day-musts-from-gifting-to-pampering.webp "Mother's Day is the perfect opportunity to celebrate all the incredible and strong mothers in your life and show them some love. Here's some special buys she's sure to enjoy. First, let's start with the gift of some great hair- Pantene has this beautiful collection that makes a great gift, that you can get right at BJ's Wholesale Club. It's their Miracle Moisture Boost Shampoo and Conditioner. It's made with pro vitamin B5, antioxidants and special rose water, that's literally derived from the petals and buds of the rosa gallica plant and creates this rich rose water lather so its super hydrating on parched locks. It tames frizz and leaves hair really soft and smooth...even dry, rough hair, and makes it strong and healthy. Plus, it smells delicious - and just transforms not only your hair, but your entire shower experience into some mini self-care time. This duo offers clean hair repair without a $60 price-tag and is def cheaper than a spa day. To keep that spa-like experience going, try Tree Hut's moisturizing body lotions that just take you on a tropical vacation, coming in scents Moroccan Rose, Coco Colada, Watermelon, and Pink Hibiscus and they are amazing on your skin. Packed with shea butter, ceramides, squalane and a fruit oil blend. They are super nourishing and just melt into the skin, and are made to reinforce the skin barrier, and last a long time, plus make your skin radiant and glowing. Get them right at Target for $8.99. In addition to these things that make mom feel relaxed and rejuvenated, the restaurant Walk-On's Sports Bistreaux , is doing something to honor the 'family coach' in the same vein - calling a 'time out' for them! Like athletes, we know that a 'recovery day' is vital to relax and recharge. And since 58% of moms report they want some alone time this Mother's Day, and 62% say they get less than an hour to themselves each day, the brand is celebrating moms by encouraging this restorative break. To make the day even sweeter, all moms will enjoy a free dessert --from doughnut bread pudding made with Krispy Kreme doughnuts, to beignet bites, or a warm cookie sundae - whether they dine in with the fam or the fam takes it to go back to the house for mom! They will also get a gift card for a future date night without the kids because we all know that parenting is a 'team sport.' Check out walk-ons.com for a restaurant near you.")
_clean-guardiola-backs-england-to-win-euros.webp "Manchester City boss Pep Guardiola has tipped England to replicate Spain's success at Euro 2024 in Germany")
_best-choice-ever-2024-episode-28-english-sub.jpg)
_my-divine-emissary-2024-ep-21-eng-sub.jpg)
_is-your-airline-rewards-card-costing-you-more-officials-debate-need-for-new-regulations-on-credit-card-reward-and-airlin.jpg)
_will-love-in-spring-2024-ep-21-eng-sub.jpg)
_mother39s-day-musts-from-gifting-to-pampering.jpg)
_clean-guardiola-backs-england-to-win-euros.jpg)
![[+]](/images/menu.gif){kind=small}