CFPB Takes on Credit Card Industry in Court

Name: CFPB Takes on Credit Card Industry in Court
Uploaded: 2024-06-06T09:14:57.098Z
Duration: 6 min 8 s
Channel: Channeldo Credit
Description: Rohit Chopra, director of the Consumer Financial Protection Bureau, talks about new rules that cap credit card late fees at $8. He says the credit card lobby is now fighting the change in court. The rule is to take effect May 14. He's on "Bloomberg Markets: The Close."

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1 Video View·Jun 6, 2024

Rohit Chopra, director of the Consumer Financial Protection Bureau, talks about new rules that cap credit card late fees at $8. He says the credit card lobby is now fighting the change in court. The rule is to take effect May 14. He's on "Bloomberg Markets: The Close."