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CFPB’s $8 Credit Card Late Fee Cap Paused by Texas Federal Judge
Bloomberg Law· 5 days agoBanks and other credit card issuers won a temporary reprieve from a Consumer Financial Protection Bureau rule that would cut their late fee revenue by billions of dollars ...
2 places you can earn $5,000 just for opening an account — and 8 more of the biggest bank and...
Market Watch· 7 days ago“A banking relationship should be focused on finding a firm that provides good service and...
Daily Financial Regulation Update -- Thursday May 9, 2024 | JD Supra
JD Supra· 5 days agoMay 8, 2024- U.S. House Committee on Financial Services Chair Patrick McHenry delivered remarks on the House floor in support of H.J.Res. 109,...
Best CD Rates Today - High APYs Won't Stick Around Forever, May 10, 2024
CNET· 5 days agoCertificate of deposit rates remain high following the Fed’s decision last week to hold rates steady for the sixth consecutive time. This rate determines how much it costs banks to borrow and lend money to each other.
Fairness of frequent flyer programs questioned in Washington, DC, hearing - The Points Guy
The Points Guy· 6 days agoAre frequent flyer programs fair to their members? The hearing, announced last month following...
6 Do’s and Don’ts When Using CDs for Retirement - NerdWallet
Nerdwallet· 10 hours agoNerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise...
Troutman Pepper Weekly Consumer Financial Services Newsletter - May 2024 # 2 | JD Supra
JD Supra· 17 hours agoMembers of the House Financial Services Committee anticipate that the FIT Act will proceed to the House Floor for a full vote by the end of May. For more information, click ...
Four Democrats, one Republican running to replace retiring Rep. Ako Abdul-Samad
Gannett via AOL· 7 days agoCreate an environment that honors racial, religious, and LGBTQ+ diversity. Engage our rural...
JD Supra: Troutman Pepper Weekly Consumer Financial Services Newsletter
JD Supra· 5 days agoOn April 5, the Consumer Financial Protection Bureau (CFPB) issued a new report finding that more borrowers paid “discount points” upfront as overall interest rates rose. The percentage of homebuyers ...
JD Supra: Oh, won’t you stay (enforcement): Plaintiffs seek preliminary injunction in Colorado...
JD Supra· 4 days agoWeiser et al. In addition to the likelihood the plaintiffs will prevail on the merits, and the irreparable damage plaintiffs’ member banks will suffer, the Motion explains ...