Credit Cards – MOSAEC

What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

By Tara Siegel Bernard and Ron Lieber

Antitrust Laws and Competition Issues Banking and Financial Institutions Capital One Financial Corporation Consumer Protection Credit Cards Discover Financial Services Federal Reserve System Mergers, Acquisitions and Divestitures National Community Reinvestment Coalition Office of the Comptroller of the Currency Regulation and Deregulation of Industry

Capital One and Discover Can Merge, Regulators Say

Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But consumer advocates warn that the deal may raise costs.

By Danielle Kaye

Banking and Financial Institutions Consumer Financial Protection Bureau Consumer Protection Credit Cards Fort Worth (Tex) Pittman, Mark T Regulation and Deregulation of Industry Suits and Litigation (Civil) Trump, Donald J Vought, Russell T

Court Scraps $8 Limit on Credit Card Late Fees

The Consumer Financial Protection Bureau switched sides and backed a federal lawsuit by banks and business groups seeking to eliminate a fee cap the bureau set last year.

By Stacy Cowley

Banking and Financial Institutions Capital One Financial Corporation Credit Cards Discover Financial Services Mergers, Acquisitions and Divestitures Prices (Fares, Fees and Rates) Regulation and Deregulation of Industry

Capital One Deal for Discover Clears Justice Dept. Hurdle

The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit card companies in the U.S.

By Lauren Hirsch and Danielle Kaye