Federal Judge Shifts Lawsuit Challenging Credit Card Late Fees Rule to Washington, D.C.
Friday, 29 March 2024, 01:52
Texas Judge Transfers Lawsuit Over Credit Card Fees to Washington, D.C.
A federal judge in a Texas court has shifted a lawsuit challenging a rule on credit card late fees to a court in Washington, D.C. The case involves business groups and the U.S. Consumer Financial Protection Bureau.
Key Points:
- Location Change: U.S. District Judge Mark Pittman moved the lawsuit to Washington, D.C.
- Critical Stakeholders: Business groups, lawyers, and the CFPB are involved.
- Judicial Review: The court will now review the disputed rule on credit card late fees.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.