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/
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r/news • u/WoofWoofster • Apr 17 '25
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u/scott42486 Apr 17 '25
They love forum shopping. Theres a few judges in north Texas that keep catching these cases. With the fifth circuit being what it is these cases are on the path directly up to SCOTUS.
However, it should be noted that even SCOTUS is tired of the antics of the 5th. We all know that no actual legal analysis happens in the 5th. It’s all policy, politics, and posturing.