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Fetterman, Colleagues Introduce Legislation to Cap Credit Card Late Fees at $8
January 16, 2026
WASHINGTON, Jan. 16 -- Sen. John Fetterman, D-Pennsylvania, issued the following news release on Jan. 15, 2026:

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Fetterman, Colleagues Introduce Legislation to Cap Credit Card Late Fees at $8

Today, U.S. Senators John Fetterman (D-PA), Cory Booker (D-NJ), and Tammy Baldwin (D-WI) introduced the Credit Card Fairness Act, legislation that would put into statute the Consumer Financial Protection Bureau's popular $8 cap on credit card late fees.

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