The regulations, adopted by the CFPB in March, seek to cap late fees for credit card payments at $8, compared with current late fees of $30 or more. Although a bane for consumers, the fees generate about $9 billion a year for card issuers, according to the agency.
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After decades of regulation that stood in direct opposition to the will of many American voters -- and the majority Michigan voters since 2008 -- the DEA plans to eliminate its strict federal prohibition on marijuana.
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