CFPB Credit Card Late Fee Rule Repeal Approved by House Panel
Lawmakers advanced legislation to block the Consumer Financial Protection Bureau’s rule capping credit card late fees at $8, setting up a vote in the US House of Representatives.
Lawmakers advanced legislation to block the Consumer Financial Protection Bureau’s rule capping credit card late fees at $8, setting up a vote in the US House of Representatives.
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A federal appellate court judge with a stake in Citigroup Inc. doesn’t need to recuse himself from the banking industry’s challenge to an $8 cap on credit card late fees, a federal judiciary oversight committee said.
Federal jurors in New York heard sharply contrasting arguments on whether a trader manipulated the Mango Markets cryptocurrency exchange to steal $110 million or executed a perfectly legal strategy that was permissible under the rules of the platform.
Kimberly E. Zirkle has joined Bradley Arant Boult Cummings as a partner in the banking and financial services practice group in the Charlotte, N.C., office, the firm said Wednesday.
The issues with office mortgages that have bedeviled US lenders are going to take longer to work out, a pair of regional-banking giants warned Wednesday.
<-rte-company state="{"_id":"0000018e-ed8b-d583-afbf-efdf8beb0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Truist Financial Corp.-rte-company> told its investment-banking staff that they must now be in the office every weekday from June 1, in another sign that some pandemic-era flexible working arrangements are coming to an end.
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