A federal judge in Texas, appointed by former President Trump, has temporarily halted President Biden's administration's plan to reduce credit card late fees to $8. The plan, aimed at saving Americans billions annually, faced opposition from groups like the US Chamber of Commerce and the American Bankers Association.
The 5th Circuit's ruling had been the basis of last week's preliminary injunction blocking the CFPB's credit card late fees rule. https://t.co/zkd5b1yk2g https://t.co/cJitVA2npA
A Trump-appointed judge is blocking the Biden Admin's efforts to save Americans up to $10 billion a year by putting caps on excessive credit card fees. @CFPB has the legal authority to crack down on junk fees. The court should not impede these efforts. https://t.co/O67aowdcHI
Biden Administration's Attempt to Lower Credit Card Late Fees to $8 Was Just Blocked - CNET https://t.co/BPTsXwISP5
"Judge blocks Biden administration rule capping credit card late fees at $8" Ironically, capping credit card late fees at $8 / month (looks like the average is ~$32) could actually harm more consumers than it will help. The credit card issuers will find ways to make money and…
Federal judge temporarily blocks Biden's plan to cap credit card late fees at $8 Critics of the lawsuit say the case is an example of "forum shopping." Read more ⬇️ https://t.co/7M5MsZL6B1
A federal judge in Texas temporarily halted a plan by the Biden administration to lower late fees on credit cards to $8 that was slated to go into effect this week. https://t.co/cqOuQ0ZUlt
A judge has blocked President Joe Biden’s attempts to cap credit card late fees at $8. https://t.co/WvGK2kvl9E
Joe Biden's plan to slash $14 billion in credit-card late fees is halted by a federal judge in Texas. https://t.co/dXlYWlPZcq
Judge blocks Biden's plan to limit credit card late fees https://t.co/CGQuZ8cMBB
A federal judge in Texas on May 10 halted the Consumer Financial Protection Bureau's new rule capping credit card late fees at $8. The injunction was sought by groups including the US Chamber of Commerce and the American Bankers Association https://t.co/OA0vCtQ4ge https://t.co/PGVl4huW9z
A federal judge in Texas temporarily halted a plan by the Biden administration to lower late fees on credit cards to $8 that was slated to go into effect next week. https://t.co/OncuZdTGdj
Federal judge blocks White House plan to curb credit card late fees https://t.co/z1IU3Cvg2m via @cbsmoneywatch
A Biden administration plan to lower credit card late fees to $8 has been halted by a judge in Texas. It was slated to go into place next week. https://t.co/am25T8l21C
🇺🇸 Judge blocks Biden administration rule capping credit card late fees at $8 https://t.co/xOjBUR5lrp
Federal judge temporarily halts Biden plan to lower credit card late fees to $8 https://t.co/JdobbAgJRl https://t.co/V1puydPOAz
A federal judge in Texas temporarily halted a plan by the Biden administration to lower late fees on credit cards to $8 that was slated to go into effect next week. Read the full story: https://t.co/z1oVwVtA3G https://t.co/IQ0BYXRWGW
A former President Trump-appointed judge in Texas halted President Biden’s administration’s plan to decrease late fees on credit cards to $8. https://t.co/Uf7XI1WSNW