Judge blocks Biden administration rule capping credit card late fees at $8
As I read about the recent news regarding the judge blocking the Biden administration rule that aimed to cap credit card late fees at $8, I couldn’t help but feel frustrated and disheartened by the blatant disregard for the financial well-being of everyday Americans. The fact that a Trump-appointed judge in Texas has the power to obstruct a rule that would have provided much-needed relief to consumers speaks volumes about the current state of our justice system and the influence of big corporations.
It is evident that the Chamber of Commerce, always advocating for banks and businesses, has a significant impact on these decisions.… Continue reading
John Q. Hosedrinker