Latest Banks News

Federal judge temporarily halts Biden plan to lower credit card late fees to $8

May. 10, 2024 22:51 PM EDT

LOS ANGELES (AP) — A federal judge in Texas temporarily halted a plan by the Biden administration to lower late fees on credit cards to $8 that was slated to go into effect next week. The temporary nationwide injunction imposed by Judge Mark Pittman in the Northern District of...