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home / news releases / u s district court judge blocks rule capping credit

JPM - U.S. district court judge blocks rule capping credit card late fees at $8

JP Morgan Chase & Co.

2024-05-11 10:22:28 ET

A U.S. district court judge has temporarily put a stop to the Consumer Financial Protection Bureau's (CFPB) cap on excessive credit card late fees, in a move that would mark a big win for major banks and card issuers that stood to lose billions due to the ban....

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U.S. district court judge blocks rule capping credit card late fees at $8
Stock Information
Company Name: JP Morgan Chase & Co.
Stock Symbol: JPM
Market: NYSE
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