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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.

Stacy Cowley
Author: Stacy Cowley

Written by

Stacy Cowley

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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
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