Elizabeth Warren actually said...

No surprise, the bank lobby is unhappy about this...

The only reason that corporations and their enablers have singled out the CFPB is because the agency doesn't do their bidding.

I have joined my colleagues in signing the amicus brief supporting the CFPB against attacks that undermine the Bureau's ability to fight on ...

OK. So it is not an end to late fees. The rule just lowers the maximum amount the credit card companies can charge...