u.s. chamber of commerce

CFPB Loses Bid to Reinstate Cap on Credit Card Late Fees
CFPB Loses Bid to Reinstate Cap on Credit Card Late Fees
December 08, 2024  |  CFPB

A federal judge has upheld an order blocking a cap on credit card late fees. U.S. District Judge Mark Pittman in Fort Worth declined last...

READ MORE >
Will Regulators’ Public Shaming Blunt Innovation?
Will Regulators’ Public Shaming Blunt Innovation?
June 05, 2024  |  Regulation

The respective online “walls of shame” that U.S. and U.K. regulators have proposed to erect — spotlighting companies under various investigations — may have a...

READ MORE >
Credit Card Late Fee Cap Has Winding Path Ahead In Congress
Credit Card Late Fee Cap Has Winding Path Ahead In Congress
April 18, 2024  |  Credit Cards

Out of committee…and now the path is a winding one for the proposed repeal of the Consumer Financial Protection Bureau’s (CFPB) rule that would cap credit...

READ MORE >
Canada Considering Digital Services Tax Targeting Largest Tech Companies
Canada Considering Digital Services Tax Targeting Largest Tech Companies
April 17, 2024  |  Taxes

Canada’s Parliament is considering a tax on digital services revenue that would impact the world’s biggest tech companies. The legislation would cover companies’ digital services...

READ MORE >
IRS Targets FTX While US Chamber of Commerce Backs Coinbase
IRS Targets FTX While US Chamber of Commerce Backs Coinbase
May 12, 2023  |  Legal

The taxmen are coming for the estate of Sam Bankman-Fried’s bankrupt FTX crypto exchange. And they want the collapsed firm and its affiliates to pay...

READ MORE >
Chamber Says Businesses Increasingly Feel Threatened by Regulations
Chamber Says Businesses Increasingly Feel Threatened by Regulations
April 11, 2023  |  Regulation

U.S. companies are more worried about the government impacting profits than a decade ago. A new study by the U.S. Chamber of Commerce — the...

READ MORE >
Chamber of Commerce Predicts ‘Virtually Every’ Business Will Use AI
Chamber of Commerce Predicts ‘Virtually Every’ Business Will Use AI
March 09, 2023  |  artificial intelligence

The U.S. Chamber of Commerce says the time has come to regulate artificial intelligence. Envisioning a world in which “virtually every” business and government agency will...

READ MORE >
US Chamber, Banking Groups Allege CFPB Overreaches on Discrimination Testing
US Chamber, Banking Groups Allege CFPB Overreaches on Discrimination Testing
September 28, 2022  |  CFPB

The U.S. Chamber of Commerce has joined several business organizations in suing the Consumer Financial Protection Bureau (CFPB), saying the agency is overstepping its bounds...

READ MORE >
US Chamber of Commerce Hits FTC with Lawsuit
US Chamber of Commerce Hits FTC with Lawsuit
July 15, 2022  |  Regulation

The U.S. Chamber of Commerce filed a lawsuit against the Federal Trade Commission (FTC) seeking information about its decision making processes. “The FTC is pursuing...

READ MORE >