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   Robert Reich (rbreich@masto.ai)'s status on Tuesday, 14-May-2024 06:52:21 JST Robert Reich

   The Biden Admin's rule limiting credit card late fees was set to begin tomorrow.

   But a Trump-appointed judge blocked it at the request of the Chamber of Commerce — costing U.S. families an estimated $27 million a day.

   MAGA and corporate interests want to keep ripping you off.

   • Embed this notice
     Sassinake! - ⊃∪∩⪽ (sassinake@mastodon.social)'s status on Tuesday, 14-May-2024 08:53:02 JST Sassinake! - ⊃∪∩⪽

     in reply to

     @rbreich please link sources

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     Tim Hare (timhare@hachyderm.io)'s status on Tuesday, 14-May-2024 08:53:09 JST Tim Hare

     in reply to

     @rbreich Sometime during my lifetime - 1970s or 1980s I believe - Congress legislated a cap on credit card interest rates which was I believe 18%. Whatever happened to _that_?

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