Texas Judge Moves Credit Card Late Fee Challenge to Washington

A lawsuit brought by the US Chamber of Commerce and banking trade groups challenging the Consumer Financial Protection Bureau’s credit card late fee rule will be transferred to Washington, D.C., after a Texas federal judge ruled the case doesn’t belong in his court.

None of the banks or credit companies affected by the CFPB’s rule are based in the Fort Worth Division of the Northern District of Texas, while most of the attorneys working on the case are located in the nation’s capital, Judge Mark Pittman said in a Thursday ruling.

The bureau’s final rule, released March 5, is ...