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Court Overturns CFPB Rule on late fees: A federal court in Texas vacated a Biden-era Consumer Financial Protection Bureau (CFPB) rule that capped credit card overdraft fees at $8. The court's decision followed a settlement between the CFPB and several plaintiffs. Legal Grounds for the Overturning: The CFPB acknowledged it overstepped its authority under the Credit Card Accountability Responsibility and Disclosure Act and violated the Administrative Procedure Act. The Trum...