Credit card late fees to be capped at $8 under Biden campaign against "junk fees"

Reuters

Center

High Factuality

Private Equity: The Woodbridge Company

Headline Unavailable

Associated Press News

Lean Left

High Factuality

Independent: Independent Media

Biden administration would cap credit card late fees at $8

President Joe Biden is highlighting a proposal to cap all credit card late fees. It’s the latest effort in the White House push to end what it has called junk

abc News

Lean Left

High Factuality

Media Conglomerate: The Walt Disney Company

Regulator proposes capping credit card late fees at $8, latest in Biden campaign against 'junk fees'

The Biden administration is moving to cap credit card late fees at $8

CNN

Lean Left

High Factuality

Media Conglomerate: Warner Bros. Discovery

Credit card late fees capped at $8 as part of Biden administration crackdown on junk fees

Federal regulators finalized a rule on Tuesday to cap most credit card late fees at $8 as part of a broader push by the Biden administration to eliminate junk fees.

The Washington Post

Lean Left

Mixed Factuality

Individual: Jeff Bezos

U.S. caps credit card late charges in new Biden crackdown on junk fees

The credit card rules are part of new efforts to promote competition and crack down on “junk fees,” which President Biden has blasted as inflation remains high.