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House Financial Services Committee Chairman McHenry Issues Statement Regarding CFPB Credit Card Late Fee Final Rule
March 06, 2024
WASHINGTON, March 6 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following statement on March 5, 2024:

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Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after the Consumer Financial Protection Bureau (CFPB) released its final rule regarding credit card late fees that raises the cost of borrowing for all consumers.

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