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WASHINGTON— The CFPB is preparing to reopen its examination of credit card late fees, signaling the agency is considering new regulatory action on a consumer affordability issue that has remained unresolved since a court blocked the Biden Administration's effort to cap most late fees at $8.

NEW YORK— Some of the nation's largest banks are exploring a deal to acquire a debit card payments network from Fiserv in a move that could allow them to sidestep federal limits on debit interchange fees, potentially reopening one of the payments industry's longest-running battles over swipe fees, according to reporting by Reuters and The Wall Street Journal.

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