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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

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News >  Nation/World

Marcia Fudge to step down as HUD secretary at end of month

Housing and Urban Development Secretary Marcia L. Fudge will step down from her role in the Biden administration later this month, she announced Monday, saying she had “mixed emotions” about leaving an agency that serves those most frequently left behind.

News >  Business

How Big Pharma is fighting Biden’s program to lower seniors’ drug costs

Pharmaceutical giants are mounting a vigorous legal battle against President Biden’s plan to lower seniors’ prescription drug costs, urging federal judges here and around the country to invalidate a new program that aims to reduce the price of medications for high blood pressure, heart disease, cancer and diabetes.
News >  Business

Will CFPB’s $8 cap on credit card late fees encourage late payments?

On March 5, the Consumer Financial Protection Bureau (CFPB) finalized a rule capping credit card late payment fees at $8 for the biggest card issuers after inviting public comment on the matter last year. According to the consumer protection agency, the move is an effort to rein in “excessive” credit card late fees.