In the ongoing lawsuit between the U.S. Chamber of Commerce and bank trade groups including the Fort Worth Chamber of Commerce, Longview Chamber of Commerce, American Bankers Association, Consumer Bankers Association, and Texas Association of Business (Plaintiffs) and the Consumer Financial Protection Bureau (CFPB) in the U.S. District Court for the Northern District of Texas over its new rule to limit credit card late fees to $8 (the Final Rule), the case is on the move again.
5th Circuit Says District Court Lacked Jurisdiction to Transfer CFPB Late-Fee Rule Suit Out of Texas
