Federal judge halts new U.S. rules limiting credit card late fees | Bank lobbyists challenged the legality of the cap, which was set to take effect next week.
Federal judge halts new U.S. rules limiting credit card late fees | Bank lobbyists challenged the legality of the cap, which was set to take effect next week.
Bank lobbyists challenged the legality of the cap, which was set to take effect next week
The judge is a Trump appointee.. I'll also note that he's in Texas, where the rules against judge-shopping aren't being applied, so the suit was likely filed with advance knowledge that he'd be hearing it.