Senators, CFPB’s Chopra spar over proposed credit card fee limit ...Middle East

Consumer Financial Protection Bureau Director Rohit Chopra on Tuesday defended the agency’s proposal to lower credit card late fees against criticism from Republicans at a Senate Banking hearing. Republicans criticized the proposal, saying credit card issuers would find other ways to recoup the cost of late payments that would make loans more expensive or elusive […] The post Senators, CFPB’s Chopra spar over proposed credit card fee limit appeared first on Roll Call.

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