Federal district court in Texas enters preliminary injunction against CFPB’s $8 credit card late fee safe harbor.

Bloomberg’s Evan Weinberger has the story, as well as a link to the opinion, here. (Behind a paywall.)

Addendum from Allison: The order granting an injunction is here. CNBC’s story is here.

Michael Millemann Professor of Consumer Protection Law University of Maryland Francis King Carey School of Law