LightNews — News, ranked by scholars

Peter Benn

@thatproviso.bsky.social

#latefees #capped #creditcard
#CFPB #ABA

Chris Geidner @chrisgeidner.bsky.social · Apr 15

Every American should know that the Chamber of Commerce and American Bankers Association literally teamed up with the Trump administration on Monday to end the CFPB rule limiting big credit card providers to an $8 late fee. Today, in light of the agreement, the rule was vacated.

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS
FORT WORTH DIVISION
CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA; FORT WORTH CHAMBER OF COMMERCE;
LONGVIEW CHAMBER OF COMMERCE; AMERICAN BANKERS ASSOCIATION;
CONSUMER BANKERS ASSOCIATION; and TEXAS
ASSOCIATION OF BUSINESS,
Plaintiffs,
V.
CONSUMER FINANCIAL PROTECTION BUREAU; and RUSSELL VOUGHT, in his official capacity as Acting Director of the Consumer Financial Protection Bureau,
Defendants.
Case No.: 4:24-cv-213-P
JOINT MOTION FOR ENTRY OF CONSENT JUDGMENT
Defendants the Consumer Financial Protection Bureau and Russell Vought (collectively, the Bureau) and Plaintiffs' jointly move for (i) the entry of a consent judgment as to one claim
contained in Count Il of the Complaint (ECF 1) and (ii) dismissal of all other claims in the
complaint with prejudice, including those contained in Counts I, III, IV, and V.

UNITED STATES DISTRICT COURT
FOR THE NORTHERN DISTRICT OF TEXAS
FORT WORTH DIVISION
CHAMBER OF COMMERCE OF THE UNITED STATES OF AMERICA, ET AL.,
Plaintiffs,
V.
CONSUMER FINANCIAL PROTECTION
BUREAU, ET AL.,
Defendants.
No. 4:24-cv-00213-P
ORDER & FINAL JUDGMENT
Before the Court is the Parties' Joint Motion for Entry of Consent Judgment. ECF No. 149. Having considered the Motion, relevant docket entries, and applicable law, the Court GRANTS the Motion.
Accordingly, the Court hereby VACATES the rule entitled, Credit Card Penalty Fees (Regulation Z), 89 Fed. Reg. 19128 (Mar. 15, 2024), for failure to allow card issuers to "charge penalty fees reasonable and proportional to violations," in violation of the Credit Card Accountability and Disclosure Act, 15 U.S.C. § 1665d(a), and the Administrative Procedure Act, 5 U.S.C. § 706(2), as alleged in Count II of the Complaint.
See ECF No. 1.
All other claims in the Complaint, including those contained in Counts I, III, IV, and V, are DISMISSED with prejudice. This final judgment is issued pursuant to Federal Rule of Civil Procedure 58(a).
The Clerk of the Court shall transmit a true copy of this judgment to the Parties.
SO ORDERED on this 15th day of April 2025.
Mad T. Pittman
MARK T. PITTMAN
UNITED STATES DISTRICT JUDGE

April 15, 2025 at 10:58 PM

🏳️‍🌈 ItBeRiley 🏳️‍⚧️ - see pinned post 🐀

@itberiley.bsky.social

We really need your help, please!!

#MutualAid #HelpSky #DisabilitySky #TransCrowdfund #Disabled #Bills #Food #LateFees #HelpFolksLive2025 💸💕 ♿️

🏳️‍🌈 ItBeRiley 🏳️‍⚧️ - see pinned post 🐀 @itberiley.bsky.social · Feb 18

We've got two days to get the £250 needed for late fees and have still had nothing through to help.

We also need to get somw food in because I fucked up and miscalculated

Please help!!!

#UrgentMutualAid #MutualAid #HelpSky #DisabilitySky #TransCrowdfund #Disabled #Bills #HelpFolksLive2025 💸💕 ♿️

Pay Bethany Kirkham using PayPal.Me

Go to paypal.me/itberiley and type in the amount. Since it’s PayPal, it's easy and secure. Don’t have a PayPal account? No worries.

Paypal.me

February 18, 2025 at 4:57 PM

The Archive

@the-archive.bsky.social

Author: BigBangMike Handle: bigbangmike

Late fees? How is this my fault? #latefees #fault #billingissues #customerproblems #servicecharges #meme #tiktok #archive

October 31, 2025 at 2:10 AM

Woke Not Broke 🇺🇸🏳️‍🌈

@b2o6n4.bsky.social

#Politics #USPolitics #Congress #GOP #Republicans #HouseGOP #CreditCards #LateFees #JunkFees #StopJunkFees

August 4, 2024 at 1:18 AM

🏳️‍🌈 ItBeRiley 🏳️‍⚧️ - see pinned post 🐀

@itberiley.bsky.social

Please help!!! We can't afford to have more fees added to this, we're struggling enough to survive as it is

#MutualAid #HelpSky #DisabilitySky #TransCrowdfund #Disabled #Bills #LateFees #HelpFolksLive2025 💸💕 ♿️

🏳️‍🌈 ItBeRiley 🏳️‍⚧️ - see pinned post 🐀 @itberiley.bsky.social · Feb 15

We've got to get this met by the 20th, or we'll additional fees will be added, and we've still had no help towards it

Please help us!!

#MutualAid #HelpSky #DisabilitySky #TransCrowdfund #Disabled #Bills #HelpFolksLive2025 💸💕 ♿️

🏳️‍🌈 ItBeRiley 🏳️‍⚧️ - see pinned post 🐀 @itberiley.bsky.social · Feb 13

We've got a week to get this £250 together, or the amount is going to go up again. Please help!

Paypal.me/itberiley

#MutualAid #HelpSky #DisabilitySky #TransCrowdfund #Disabled #Bills #HelpFolksLive2025 💸💕 ♿️

February 16, 2025 at 1:17 AM

🏳️‍🌈 ItBeRiley 🏳️‍⚧️ - see pinned post 🐀

@itberiley.bsky.social

We have no food, and we need to get these late fees paid. Please help us however you can!!

#UrgentMutualAid #MutualAidRequest #HelpSky #Disabled #TransCrowdfund #Food #LateFees #HelpFolksLive2025 💸💕 ♿️

🏳️‍🌈 ItBeRiley 🏳️‍⚧️ - see pinned post 🐀 @itberiley.bsky.social · Feb 19

We have until end of business tomorrow to get £250 together to pay late fees, we have no food in the house, and have maxed out the overdraft. Please help us

#MutualAid #UrgentMutualAid #MutualAidRequest #HelpSky #DisabilitySky #TransCrowdfund #Disabled #Bills #LateFees #Food #HelpFolksLive2025 💸💕 ♿️

Pay Bethany Kirkham using PayPal.Me

Go to paypal.me/itberiley and type in the amount. Since it’s PayPal, it's easy and secure. Don’t have a PayPal account? No worries.

Paypal.me

February 19, 2025 at 3:17 PM

🏳️‍🌈 ItBeRiley 🏳️‍⚧️ - see pinned post 🐀

@itberiley.bsky.social

We have until end of business tomorrow to get £250 together to pay late fees, we have no food in the house, and have maxed out the overdraft. Please help us

#MutualAid #UrgentMutualAid #MutualAidRequest #HelpSky #DisabilitySky #TransCrowdfund #Disabled #Bills #LateFees #Food #HelpFolksLive2025 💸💕 ♿️

Pay Bethany Kirkham using PayPal.Me

Go to paypal.me/itberiley and type in the amount. Since it’s PayPal, it's easy and secure. Don’t have a PayPal account? No worries.

Paypal.me

February 19, 2025 at 1:36 PM

thesheeark - commissionsCLOSED

@thesheeark.bsky.social

I got the job! BUT It doesn't cover bills AND I don't get paid for 2 weeks since training, which means I will still miss bill deadlines with added latefees THIS month. So I still have to gather $385 in #commissions like normal. But after that, art will be supplementary to the job's income.

thesheeark - commissionsCLOSED @thesheeark.bsky.social · Jul 18

My #commissions are always open!
You can apply here:
docs.google.com/forms/d/e/1F...
Questions? My links:
bio.link/thesheeark
And subscribestar:
subscribestar.adult/thesheeark

#commissions #commissionsOPEN #commissionsheet #sketch #render #cartoon #transformation #sonic #cartoon #anime #furry #abdl

August 10, 2025 at 6:04 PM

Nebraska.Code

@nebraskacode.bsky.social

The LAST DAY to register for Nebraska.Code() without a LATE FEE is Monday, July 7th!

Checkout the FANTASTIC lineup here: nebraskacode.amegala.com

#Nebraska #TechConference #LateFees #Register #SiliconPrairie

July 1, 2025 at 5:16 PM

RetroRiot&TheFlying6

@theflying6.bsky.social

Were You The King Of Late Fees?

#late #latefees #king #retro #vintage #80's #70's #80s #shirt

www.amazon.com/dp/B0F7J3JN4...

King Of Late Fees T-Shirt

Take a trip down memory lane with this bold and funny "Kind Of Late Fees" design, inspired by the iconic VHS era. Whether you spent your weekends browsing the local video store or still owe late fees to a long-lost rental place, this throwback artwork is perfect for celebrating the analog days of movie magic. Ideal for vintage lovers, nostalgic souls, and film fans who know the struggle of rewinding.

www.amazon.com

May 6, 2025 at 8:30 PM

🏳️‍🌈 ItBeRiley 🏳️‍⚧️ - see pinned post 🐀

@itberiley.bsky.social

Can we please get some help on this over night? We're desperate and can't do this without you

#MutualAid #HelpSky #DisabilitySky #TransCrowdfund #Disabled #Bills #LateFees #HelpFolksLive2025 💸💕 ♿️

February 19, 2025 at 2:31 AM

The Notorious Amun-Ra

@notoriousamunra.bsky.social

Democratic Sens. John Fetterman (Pa.), Cory Booker (N.J.) and Tammy Baldwin (Wis.) introduced legislation Thursday to cap credit card late fees at $8.
#credit #blacksky #latefees #money

share.google/Jx9xjsLhtNiI...

Senate Democrats introduce legislation capping credit card late fees

Democratic Sens. John Fetterman (Pa.), Cory Booker (N.J.) and Tammy Baldwin (Wis.) introduced legislation Thursday to cap credit card late fees at $8. Their proposal, the Credit Card Fairness Act,…

share.google

January 17, 2026 at 2:22 PM

FatLil6ringo

@pr0j3ctmayhem.bsky.social

Forget to pay income tax for years
Keep immaculate records
Donate to charities and pantries
Remember to pay taxes in 3-4 years
Contest latefees/fines based on a solid legal standing

Not an accountant or lawyer
I charge $11 an hour

🇺🇸 🖖 live long and PROSPER

April 18, 2025 at 11:46 PM

WaynoGur

@waynogur.bsky.social

#banking #latefees #cfpb #tRump

Cornuto bastardo.

Judge scraps US rule capping credit card late fees at $8 - www.reuters.com/business/fin...

Judge scraps US rule capping credit card late fees at $8

A federal judge on Tuesday threw out a U.S. Consumer Financial Protection Bureau rule capping credit card late fees at $8, after the agency agreed with opponents that the rule adopted during President Joe Biden's administration was illegal.

www.reuters.com

April 15, 2025 at 3:48 PM

Glen Jackson

@glenjackson.bsky.social

MAGA NEWS 🇺🇸 #creditcard #debt #latefees

The White House estimates that late fees currently cost Americans about $25 billion a year. The rule change will save Americans about $10 billion a year.

@hcrichardson.bsky.social

open.substack.com/pub/heatherc...

March 5, 2024 (Tuesday)

Possibly the biggest story today in terms of its impact on most Americans’ lives is that as part of its war on junk fees, the Biden administration announced an $8 cap on late fees charged by credit ca...

open.substack.com

March 6, 2024 at 10:59 AM

Mx. P (they/he/we/&/xe/xir)

@cjoat.blacksky.app

Ally Bank Closed my bank account with my #SSI #directdeposit despite my good standing. So I’m late in rent, #tablet and #phonebills, #renterinsurance, and water bills. Until they send my entire balance in check form to me, incurring #latefees or discontinuation of service.

More #Landlord & Co 🐂💩.

**IMG_8312.jpeg**: "Text describing a situation where a housemate named Melissa has alerted the author about activity at a house across the street between 1-3 AM. The text mentions 'Elon-fanatic' and is dated at 2:23 AM in Rockville."

**IMG_8314.jpeg**: "Text describing a situation where a housemate has alerted the author that the shed door is wide open, and chairs that were supposedly locked in the basement bedroom were found in the shed. The author mentions being happy to have contacted an attorney."

**IMG_8315.jpeg**: "Text message from Eagle Team Law welcoming Prehn to their services, expressing commitment to helping find the right lawyer, and mentioning they will be in touch with next steps. Includes an opt-out link."

February 2, 2025 at 8:47 AM

Sydney

@sydalexmom.bsky.social

As it has ALWAYS *been*... + so shall it it ALWAYS ... *be*.
Realize+Remember:
A #RepublicanDogCatcher ... would NOT ... fight to SAVE-a-DOG's-Life.
A #RepublicanLibrarian ... would NOT ... vote to *eliminate #LateFees*.
It . IS . THAT . simple.

Robert Reich @rbreich.bsky.social · Jul 13

This has always been the GOP's strategy:

1) Cut taxes for the wealthy & corporations by claiming they'll pay for themselves.

2) Explode deficits

3) Use the debt as an excuse to demand cuts to vital programs that help millions.

4) Repeat.

July 13, 2025 at 5:55 AM