CFPB Faces Legal Challenges Over $8 Credit Card Late Fee Rule, Judicial Ethics Panel, US Appeals Court, Washington, D.C.

The CFPB said in a filing that the 5th Circuit's ruling in the credit card fee rule case was based on a 'factually flawed' premise that, if accepted, would cause trial court judges in this and other cases to have less ability to manage their dockets https://t.co/CAX4lqQ1Qy https://t.co/X04rcN1slc

The CFPB has asked a U.S. appeals court to reconsider its ruling that a Texas judge wrongly transferred to Washington, D.C., a banking industry-backed lawsuit challenging the agency's new rule capping credit card late fees at $8 @nateraymond https://t.co/S2zY2GzAoK https://t.co/SIScuH3weX

The CFPB asked the 5th Circuit to reconsider transferring a credit card fee rule lawsuit to Washington, D.C. At issue is a CFPB rule targeting what the agency has called 'excessive' fees credit card issuers charge for late payments https://t.co/S2zY2GzAoK https://t.co/8t0dY4lEK9