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

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Senators, CFPB’s Chopra spar over proposed credit card fee limit
source : Roll Call ( Middle East ) () 46
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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