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.
![](https://lemdro.id/pictrs/image/1ac91940-f0fd-4998-b324-fa3cc2a55043.jpeg?format=webp&thumbnail=128)
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](https://lemdro.id/pictrs/image/1ac91940-f0fd-4998-b324-fa3cc2a55043.jpeg?format=webp)
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.