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Congressional Research Service Issues Insight White Paper on CFPB Proposal on New Credit Card Late Fee Regulation
April 19, 2023
WASHINGTON, April 19 -- The Congressional Research Service issued the following Insight white paper on the Consumer Financial Protection Bureau proposal on the new credit card late fee regulation (No. IN12146) on April 18, 2023, by financial economics analyst Cheryl R. Cooper:

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CFPB Proposes New Credit Card Late Fee Regulation

On March 29, 2023, the Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking to reduce late fees o . . .

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