"Texas Judge Transfers Credit Card Fee Lawsuit to Washington, D.C. Amid Biden Administration's Push for Fee Caps"

A federal judge in Texas has transferred a lawsuit challenging a rule on credit card late fees to a court in Washington, D.C. The lawsuit, brought by business groups against the Consumer Financial Protection Bureau, seeks to block the rule, which is set to take effect in May. The judge's decision to transfer the case was based on the location of the plaintiffs and lawyers, as well as the absence of any card issuer subject to the rule in Fort Worth. The rule aims to limit "excessive" late fees charged by credit card issuers, and the lawsuit's transfer reflects ongoing legal battles over Biden administration policies in conservative-leaning courts.