The Fed, Earnings, and EV Chargers
Bloomberg Intelligence
00:00
The Health of the Consumer in Credit Card Companies
There is an outstanding issue with a limit on late payment fees that is under consideration by regulators and the industry. That would impact disproportionately those companies that sponsor co-branded cards, meaning the kind of card you will see from your retailer without knowing exactly who issued it. Those are in order of importance, synchronous financial bread and to a lesser extent capital bond. It's something that we keep an eye on, but it's not finalized yet.
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