---
title: "Synchrony Financial CFO expects litigation regarding CFPB credit card late fee rules to continue"
description: "Synchrony Financial CFO Brian Wenzel stated that litigation regarding the Consumer Financial Protection Bureau's (CFPB) credit card late fee rules is expected to continue. He emphasized that the compa"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/227772551.md"
published_at: "2025-02-10T16:14:19.000Z"
---

# Synchrony Financial CFO expects litigation regarding CFPB credit card late fee rules to continue

> Synchrony Financial CFO Brian Wenzel stated that litigation regarding the Consumer Financial Protection Bureau's (CFPB) credit card late fee rules is expected to continue. He emphasized that the company will react to the CFPB's decisions but has not altered its relationship with the regulator, maintaining a respectful and business-as-usual approach.

NEW YORK, Feb 10 (Reuters) - Synchrony Financial (SYF.N) CFO Brian Wenzel said during a financial conference on Monday that he expects the litigation related to the Consumer Financial Protection Bureau rules on credit card late fees to continue.

“Litigation with regard to late fees will continue and we’ll see over the course of the coming months what the new administration and the new leadership at the CFPB think about that. Again, we can’t control it, we just react to it,” Wenzel said.

So far, the company has not changed its relationship with the regulator.

“We’re keeping our head down. We have a lot of respect for the CFPB”, Wenzel said, adding that the credit card company is treating the relationship as “business as usual.”

### Related Stocks

- [SYF.US - Synchrony Financial](https://longbridge.com/en/quote/SYF.US.md)
- [CFO.US - VictoryShares US 500 Enhanced](https://longbridge.com/en/quote/CFO.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 14:55 ET/C O R R E C T I O N -- Synchrony/ | Synchrony's new Cost of Car Ownership survey reveals that drivers are paying nearly 167% more annually than expected, wi | [Link](https://longbridge.com/en/news/276162171.md) |
| /C O R R E C T I O N -- Synchrony/ \| SYF Stock News | Synchrony's recent survey reveals that drivers underestimate the annual cost of car ownership by over $4,500, with gas a | [Link](https://longbridge.com/en/news/276162687.md) |
| Synchrony Financial (NYSE:SYF) Given Consensus Rating of "Moderate Buy" by Analysts | Synchrony Financial (NYSE:SYF) has received a consensus rating of "Moderate Buy" from 21 research firms. Analysts' ratin | [Link](https://longbridge.com/en/news/275744338.md) |
| Intact Investment Management Inc. Purchases Shares of 16,400 Synchrony Financial $SYF | Intact Investment Management Inc. acquired 16,400 shares of Synchrony Financial (NYSE:SYF) valued at approximately $1.16 | [Link](https://longbridge.com/en/news/273821978.md) |
| 13 Analysts Assess Synchrony Financial: What You Need To Know | Recent assessments from 13 analysts on Synchrony Financial (NYSE:SYF) reveal a mix of bullish and bearish sentiments. Th | [Link](https://longbridge.com/en/news/272311671.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
