Daines Joins Colleagues in Introducing Measure to Overturn Harmful Credit Card Fee Rule
April 09, 2024
April 09, 2024
WASHINGTON, April 9 -- Sen. Steve Daines, R-Montana, issued the following news release:
U.S. SENATE - U.S. Senator Steve Daines helped introduce a measure to overturn the Consumer Financial Protection Bureau's (CFPB) rule capping credit card late penalties. The Congressional Review Act (CRA) resolution argues the CFPB's rule will decrease the availability of credit card products for those who need it most, raise rates for many borrowers who carry a balance but pay on time, and incre . . .
U.S. SENATE - U.S. Senator Steve Daines helped introduce a measure to overturn the Consumer Financial Protection Bureau's (CFPB) rule capping credit card late penalties. The Congressional Review Act (CRA) resolution argues the CFPB's rule will decrease the availability of credit card products for those who need it most, raise rates for many borrowers who carry a balance but pay on time, and incre . . .