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CFPB Credit Card Late Fee Rule
FailedCFPB rule capping credit card late fees at $8, down from the typical $32 charged by major issuers. Blocked by court injunction after the banking industry and US Chamber of Commerce filed lawsuit.
Who took a position
Supporting and opposing lists hold cited positions only. Lobbying filings say an entity lobbied on the measure, not which way. Positions the ingest inferred from donations are not positions and are listed separately below as giving to the legislators who voted.
Lobbied on (13)
- CREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS
- CONSUMER BANKERS ASSOCIATION
- SYNCHRONY FINANCIAL
- BANK OF AMERICA CORPORATION
- PET FOOD INSTITUTE
- P STREET PROJECT, INC.
- MMM HEALTHCARE
- SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)
- AMERICAN BANKERS ASSOCIATION
- AMERICAN MEDICAL ASSOCIATION
- AMERICA'S HEALTH INSURANCE PLANS INC (AHIP)
- NATIONAL ASSOCIATION OF FEDERALLY-INSURED CREDIT UNIONS
- and 1 more
Opposing (1)