Judge won't revive rule capping credit card late fees at $8

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Judge won't revive rule capping credit card late fees at $8
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A federal judge in Texas rejected on Friday a request by the Consumer Financial Protection Bureau to lift an order that has blocked a new U.S. regulation capping credit card late fees at $8, a policy challenged by business and banking groups.

<p>FORT WORTH, Tx.

</p><p>The regulation would block card issuers with more than 1 million open accounts from charging more than $8 for late fees unless they can prove higher fees are necessary to cover&

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