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2025-04-16 10:13:27
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finance.yahoo.com on Nostr: finance.yahoo.com ✍️ A Texas federal judge has ruled against a Biden-era ...



✍️ A Texas federal judge has ruled against a Biden-era regulation that would have capped credit card late fees at $8, dealing a setback to the administration's efforts to restrict 'junk fees'.
👉 A Texas federal judge has ruled against a Biden-era regulation capping credit card late fees at $8
👉 The regulation was meant to save consumers an average of $220 a year
👉 The judge ruled that the regulation conflicted with the 2009 Credit Card Accountability and Disclosure Act
👉 The decision is seen as a win for financial industry groups that resisted the cap

#MarkPittman #DaveRamsey #Texas #business

https://media.zenfs.com/en/Benzinga/b1c9c5bc50c24ec0e8af75f3bf7ec321

https://finance.yahoo.com/news/judge-strikes-down-biden-era-100406571.html

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