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#biden

87 posts54 participants1 post today

🚨 Biden acuză: Trump "distruge lucruri", inclusiv securitatea socială! 😲 Într-un discurs vehement, Biden a criticat dur administrația Trump pentru "tăierea" de fonduri de la Administrația Securității Sociale. Ce înseamnă asta pentru viitorul plaselor de siguranță socială? 🤔 Citește articolul complet pentru a afla mai multe despre această confruntare politică! 📖

#Biden #Trump #SecuritateSocială #PoliticaSUA #Alegeri2024 #PlasăSocială

Citește mai mult: newsro.us/politics/biden-spune

Continued thread

Judge Pittman, an appointee of #Trump, agreed w/both sides that the rule violated the #CreditCard Accountability & Disclosure Act of 2009 because it prohibited issuers from charging fees "reasonable & proportional to violations."

The rule capped late fees for issuers with >1M open accounts unless they could prove higher fees were necessary to cover costs.
It was part of #Biden's crackdown on "junk fees," & was intended to reduce the typical late fee from about $32.

#law
consumerfinance.gov/about-us/n

Consumer Financial Protection BureauCFPB Bans Excessive Credit Card Late Fees, Lowers Typical Fee from $32 to $8 | Consumer Financial Protection BureauThe Consumer Financial Protection Bureau (CFPB) ) finalized a rule today to cut excessive credit card late fees by closing a loophole exploited by large card issuers.

Judge scraps US rule capping #CreditCard late fees at $8

U.S. District Judge Mark Pittman in Fort Worth, #Texas granted a joint request by #Trump’s #CFPB and a coalition of 6 business & banking groups [pretty much who the CFPB is supposed to be protecting #consumers from] including the US Chamber of #Commerce & American #Bankers Association to scrap the rule adopted during President Joe #Biden's administration.

#law #economy #PersonalFinance
reuters.com/business/finance/j

Continued thread

#Trump struck a different tone, describing the attack as “terrible” in comments to reporters Sun, but saying w/o elaboration that he was told #Russia had “made a mistake.”

Trump, who [supposedly] continues his drive to strike a deal to end Russia’s war in #Ukraine, quickly shifted to blaming the fighting on his predecessor Joe #Biden & #Zelensky.

…But 34 days [have] passed since Trump’s [ceasefire] proposal, during which Russia [has] continued to attack Ukraine….