At the House Financial Services Committee April 16, 2024 hearing titled Agency Audit: Reviewing CFPB Financial Reporting & Transparency, Professor Christopher Peterson of Utah, in response to Ranking Member Maxine Waters’ question about why some members of Congress would oppose the CFPB late fee regulation: “I don’t know why you are going to bat for these late fees. Don’t you guys have something better to work on?” It’s about an hour and three minutes into the recording.
Consumer Financial Protection Bureau, Credit Cards
Chris Peterson to GOP congressional critics of the CFPB late fee rule: “Don’t you guys have something better to work on?”
