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Trump admin to discard rule that caps credit card late fee at $8

Source: SeekingAlpha

2025-04-15 03:49:48 ET

Trump administration took steps to eliminate a key Biden-era regulation that capped credit card late fees at $8 for major issuers, stating that it agreed with major banking groups that alleged that the rule was illegal....

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Trump admin to discard rule that caps credit card late fee at $8
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