In a groundbreaking move, the Biden Administration has announced a ... This change aims to halt the trend of automatic late fee escalations, ensuring that fee adjustments are made more judiciously ...
In February, Macy’s Inc. said during its earnings call that the late-fee change wasn’t included in its outlook for this year. The company said it was working with Citi, which issues Macy’s ...
The Consumer Financial Protection Bureau has taken a series of actions to cut excessive and hidden junk fees in the financial ...
It would be a terrible mistake for the Fed to take yet another stab at this fee — especially at a time when Michigan already ...
The $8 cap, which only applies to large card issuers with more than 1 million open accounts, is 75 percent less than the current average late ... Biden touted his administration’s efforts to ...
A federal judge in Texas asked the U.S. Chamber of Commerce to explain why his court was the appropriate venue to challenge the Consumer Financial Protection Bureau's $8 credit card late fee rule ...
A final rule was released in late March but had not been published in the Federal Register until Wednesday. The Bureau of ...
Industry and interest groups have often filed lawsuits against the Biden administration there, due to its historically conservative judges. The banks have been pushing hard to stop the late fee ...
The news is the latest move by President Joe Biden's administration to curb emissions generated by ... House Speaker Mike Johnson announced late Monday that the House will vote this week on ...
But after the government this month put limits on how much retailers and banks can collect on late credit-card payments, experts say that while retail customers might get a break on late-payment ...
In February, Macy's Inc. (M) said during its earnings call that the late-fee change wasn't included in its outlook for this year. The company said it was working with Citi, which issues Macy's ...