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5th Circ. Wants Texas Injunction Ruling In CFPB Late Fee Case

By Jon Hill (May 1, 2024, 10:55 AM EDT) -- In a late Tuesday twist, the Fifth Circuit has sent a banking industry lawsuit over the Consumer Financial Protection Bureau's $8 credit card late fee rule back to Texas federal court, saying it doesn't want to be the first to decide whether the rule should be blocked from taking effect later this month....

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