CFPB Escalates Friction With Banks by Accusing Them of Concealing Credit Card Data

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It’s hard to imagine that tensions between big banks and CFPB chief Rohit Chopra could get much higher, especially after the consumer watchdog released a surprisingly aggressive plan for capping credit card late fees earlier this month. But a new claim by the bureau that firms have been concealing card repayment data – and harming customers for years – …