debt

A person pulling credit cards out of a wallet.

Proposed federal rule would lower credit card late fees
BY: - February 7, 2023

As Americans continue to struggle with high credit card rates, the Consumer Financial Protection Bureau has proposed a rule to help lessen some of their financial burden — in the form of lower late fees. The new rule would limit late fees to $8. Currently credit card companies can charge as high as $41 — […]

U.S. House Republican leader Kevin McCarthy (R-CA) (right) Rep.-elect Ralph Norman (R-SC) (center) and Rep.-elect Majorie Taylor Greene (R-GA) in the House Chamber during the fourth day of voting for Speaker of the House on Jan. 06, 2023. McCarthy failed to earn more than 218 votes on 13 ballots. The House plans to reconvene at 10 p.m. Eastern to vote again. (Photo by Win McNamee/Getty Images)

McCarthy flips GOP holdouts as his campaign for U.S. House speaker gathers speed
BY: and - January 6, 2023

WASHINGTON — Kevin McCarthy’s campaign to become speaker of the U.S. House will stretch into at least Friday night, as the California Republican inched ahead in his struggle to unite his divided party around his candidacy and an overhaul of rules under which the chamber will operate. “We’ll come back tonight, and I believe at […]

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