Credit Card Fairness Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 3660 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 3660 To amend the Truth in Lending Act to reduce excessive credit card late fees, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES January 15, 2026 Mr. Fetterman (for himself, Mr. Booker, and Ms. Baldwin) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To amend the Truth in Lending Act to reduce excessive credit card late fees, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Credit Card Fairness Act''. SEC. 2. PURPOSE. Congress believes the late fees rule of the Consumer Financial Protection Bureau under part 1026 of title 12, Code of Federal Regulations (commonly known as ``Regulation Z''), was appropriately promulgated as an extension of the Bureau's aut…