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CFPB Loses Bid To Unfreeze Credit Card Late Fee Rule

By Hailey Konnath ( December 6, 2024, 11:06 PM EST) -- A Texas federal judge Friday refused to lift a preliminary injunction blocking the Consumer Financial Protection Bureau's $8 credit card late fee rule from taking effect, ruling that the U.S. Chamber of Commerce and other trade groups are likely to succeed in their challenge to the rule....

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