The Consumer Financial Protection Bureau (CFPB) and a coalition of trade-group plaintiffs filed dueling briefs last week over recusal standards in the Fifth Circuit lawsuit challenging the CFPB’s $8 credit card late fee final rule. On April 8, 2024, the court requested supplemental briefing on whether a judge’s ownership interest in a non-party large credit card issuer would be substantially affected by the outcome of the case.
Court Considers Recusal Standards in CFPB 5th Circuit Suit Over Credit Card Late Fees
