Judges are now fighting over the right to hear important policy cases.
credit cards
Posted inPolitics
Republicans Are Objectively Pro–Junk Fee
A new congressional resolution aligns Republicans with the financial industry’s fight to preserve sky-high credit card late fees.
Posted inLaw and Justice
Chamber Takes an L on Egregious Judge Shopping
The U.S. Chamber of Commerce filed suit against the CFPB’s credit card rule in a judicial district that contains no credit card companies.
Posted inEconomic Policy
A Public Option for Credit Card Shopping
The Consumer Financial Protection Bureau is taking aim at pay-to-play credit card comparison websites that collude with big banks to block competition.
Posted inVideos
The Prospect Weekly Roundup: Is Surveillance Reform Possible?
On our weekly live YouTube show, our executive editor and writing fellow unpack the biggest news stories of the week.
Posted inEconomic Policy
Capital One–Discover Merger Tests Bank Regulators’ Merger Approach
Regulators have dragged their feet on new bank merger guidelines. They now have a $35 billion reason to get moving.
Posted inEconomic Policy
How Banks Keep You Trapped
Financial institutions are doing everything they can to prevent consumers from shopping around for better banking options. A new federal rule attempts to change that.
Posted inEconomic Policy
It’s Natural That People Feel Bad About the Economy Right Now
Look past the headline numbers and the story begins to emerge. Whether Biden’s strategy can outlast this rough patch is another question.
Posted inMoney, Politics, and Power
Wall Street Stokes Culture War to Fight Swipe Fee Reform
The credit card industry is attempting to whip up right-wing hysterics to fight a bipartisan financial reform.
Posted inHealth and Social Policy
Federal Agencies Investigating Medical Payment Products
The initiative is the Biden administration’s latest move in the fight against junk fees.
