Press Releases
Desperate U.S. Chamber Escalates Fight Against CFPB Despite Pushback From Conservative Judge
WASHINGTON, DC — Only days after U.S. District Judge Mark Pittman rejected the U.S. Chamber’s filing for an expedited review of its motion for preliminary injunction in the Chamber’s case against the Consumer Financial Protection Bureau (CFPB), the Chamber has asked the conservative 5th Circuit Court of Appeals to expeditiously block the CFPB’s rule limiting credit card late fees to $8.
Since the Chamber of Commerce hasn’t gotten the answer it likes, it keeps searching for a Court that will rule its way. Let’s be clear what they are trying to do: stop the Biden Administration from fighting for everyday Americans so they can keep padding their members’ profits. Their failure last week was the writing on the wall for their case—they are on the wrong side of the law and the wrong side of working families.”
