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CFPB Moves To Unfreeze Credit Card Late Fee Rule In Texas

By Katryna Perera (July 9, 2024, 8:48 PM EDT) -- The Consumer Financial Protection Bureau has asked a Texas federal judge to formally dissolve a preliminary injunction that has been blocking the agency's $8 credit card late fee rule from taking effect, arguing that the justification of the injunction — the CFPB's allegedly unconstitutional funding structure — no longer holds....

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