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Bank Groups Defend Texas Home For CFPB's Late-Fee Rule Suit

By Jon Hill (March 15, 2024, 9:15 PM EDT) -- A trade group coalition suing to overturn the Consumer Financial Protection Bureau's new credit card late-fee rule pressed Thursday in Texas federal court for an immediate injunction against the measure, pushing back on the agency's claims that the case should be bounced for ineffective "forum shopping."...

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