Event JSON
{
"id": "5870a22ba4093c56592d5179fd34a17c91345b169d47bb80988d9a4b3338f730",
"pubkey": "de1abdd3127788ab39fb6f558233067d7cf07e8165598738c9a46a9cff3979a0",
"created_at": 1744798407,
"kind": 1,
"tags": [
[
"r",
"https://finance.yahoo.com/news/judge-strikes-down-biden-era-100406571.html"
],
[
"subject",
"Judge Strikes Down Biden-Era Rule Capping Credit Card Late Fees At $8"
],
[
"published_at",
"1744797846"
],
[
"image",
"https://media.zenfs.com/en/Benzinga/b1c9c5bc50c24ec0e8af75f3bf7ec321"
],
[
"p",
"de1abdd3127788ab39fb6f558233067d7cf07e8165598738c9a46a9cff3979a0",
"wss://articles.layer3.news"
],
[
"p",
"6742ae4103f4faeb83264d955f742f9a611ac80190cc0043e3b322318cc7ee61",
"wss://articles.layer3.news"
],
[
"imeta",
"url https://media.zenfs.com/en/Benzinga/b1c9c5bc50c24ec0e8af75f3bf7ec321"
],
[
"t",
"Mark Pittman"
],
[
"t",
"Dave Ramsey"
],
[
"t",
"Texas"
],
[
"t",
"business"
],
[
"t",
"mainstream:perspective"
],
[
"summary",
"The ruling, which dismissed the Consumer Financial Protection Bureau's (CFPB) regulation, is seen as a win for financial industry groups that resisted the cap. The CFPB had argued that the cap would save consumers an average of $220 a year, but the judge ruled that it conflicted with the 2009 Credit Card Accountability and Disclosure Act. The decision has major implications for the future of federal consumer protection efforts, particularly as calls to limit or shut down the CFPB gain attention."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqvap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aesst3mr8r\nJUDGE STRIKES DOWN BIDEN-ERA RULE CAPPING CREDIT CARD LATE FEES AT $8\n\nhttps://media.zenfs.com/en/Benzinga/b1c9c5bc50c24ec0e8af75f3bf7ec321\n--\n✍️ 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'.\n--\n👉 A Texas federal judge has ruled against a Biden-era regulation capping credit card late fees at $8\n👉 The regulation was meant to save consumers an average of $220 a year\n👉 The judge ruled that the regulation conflicted with the 2009 Credit Card Accountability and Disclosure Act\n👉 The decision is seen as a win for financial industry groups that resisted the cap\n\n--\n#MarkPittman #DaveRamsey #Texas #business\n--\nnostr:nevent1qvzqqqqqqypzqe6z4eqs8a86awpjvnv4ta6zlxnprtyqryxvqpp78vezxxxv0mnpqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpq390h7htjqjqccx04pkjuclxdqqdklqgppzj00l2qdkztnx6uthsswsdzp0 \n ",
"sig": "7de78c10355160e7ef427cc1bcee8b0d4eea6550605762c60bf7455970883ec09401576d26839fe982a5c8fa92ac3855076b6ff77da3e14a9946f3a388736632"
}
