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Banking and Finance Law Daily Wrap Up
- TOP STORY—Credit card late fees totaled $12B in 2020, down from 2019
- CONSUMER CREDIT—ICBA, state AGs comment on CFPB’s ‘buy now pay later’ inquiry
- ENFORCEMENT ACTIONS—Chopra speaks at Pennsylvania law school about repeat offenders in the financial sector
- FINANCIAL TECHNOLOGY—House bill would require development of electronic U.S. dollar
- SECURITIES AND DERIVATIVES—Credit Suisse 'destroy documents' instruction, potentially connected with Russian sanctions, attracts Congressional attention
- CONSUMER FINANCIAL PROTECTION BUREAU—CFPB certifies full compliance with settlement agreement in suit involving consumer law taskforce
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