The Consumer Financial Protection Bureau (CFPB) is facing legal challenges over its $8 credit card late fee rule. A judicial ethics panel has determined that recusal may not be necessary for the Fifth Circuit judge involved in the case. The CFPB has requested a US appeals court to reconsider transferring a lawsuit challenging the rule to Washington, D.C., instead of Texas.
The CFPB said in a filing that the 5th Circuit's ruling in the credit card fee rule case was based on a 'factually flawed' premise that, if accepted, would cause trial court judges in this and other cases to have less ability to manage their dockets https://t.co/CAX4lqQ1Qy https://t.co/X04rcN1slc
The CFPB has asked a U.S. appeals court to reconsider its ruling that a Texas judge wrongly transferred to Washington, D.C., a banking industry-backed lawsuit challenging the agency's new rule capping credit card late fees at $8 @nateraymond https://t.co/S2zY2GzAoK https://t.co/SIScuH3weX
The CFPB asked the 5th Circuit to reconsider transferring a credit card fee rule lawsuit to Washington, D.C. At issue is a CFPB rule targeting what the agency has called 'excessive' fees credit card issuers charge for late payments https://t.co/S2zY2GzAoK https://t.co/8t0dY4lEK9
CFPB asks court to reconsider keeping credit card fee rule case in Texas https://t.co/XrPnBaF1mP https://t.co/xyXcda7NHc
The CFPB has asked a US appeals court in Texas to reconsider transferring a banking industry-backed credit card fee rule lawsuit to Washington, D.C. The lawsuit challenges the agency's new rule capping credit card late fees at $8 https://t.co/S2zY2GzAoK @nateraymond https://t.co/yWYuLXSCWP
Court Considers Recusal Standards in CFPB 5th Circuit Suit Over Credit Card Late Fees https://t.co/q3BbccqPmT #finance #consumerprotection #CFPB #creditcard @bourreelam https://t.co/ZW37W9tmg6
A judicial ethics panel has concluded that recusal isn't automatically required for the Fifth Circuit judge whose financial disclosures have fueled calls for his disqualification from litigation challenging the CFPB's $8 credit card late fee rule. https://t.co/tq85mv3Uo2
The @CFPB's credit card late fee rule is an attempt by the Biden Administration to score political points during an election year at the expense of American consumers. Committee Republicans will block this misguided rule that will reduce access to affordable credit. https://t.co/8LRxohLAK4
Court Considers Recusal Standards in CFPB 5th Circuit Suit Over Credit Card Late Fees https://t.co/q3BbccqPmT #finance #consumerprotection #CFPB #creditcard @GT_Law https://t.co/hyTruLFYNP