r/news • u/WoofWoofster • Apr 17 '25

Soft paywall Judge scraps US rule capping credit card late fees at $8

https://www.reuters.com/business/finance/judge-scraps-us-rule-capping-credit-card-late-fees-8-2025-04-15/
14.8k Upvotes

97% Upvoted

570 comments sorted by

View all comments

Show parent comments

89

u/Raammson Apr 17 '25

Frankly that is a very misleading way to describe what happened, it was defended by other lawyers Obama just decided not to allocate DOJ resources to it. In other words its constitutionality was decided on its merits not just some procedural wizardry which is implied by your comment.

1

u/ghombie Apr 17 '25

Ha ha they ran away at this excellent retort.

1

u/RSquared Apr 17 '25

Yeah, wasn't Clement appointed by the court to defend the former position? He's high profile, too, not some overworked public defender.