News tagged with “card companies”. Found:
15 tagged news reports.
Your Search Returned 15 tagged news reports
House accelerates credit card rules
Birmingham :: AL :: USA | about 1 month ago
Credibility
Responding to consumer frustration over rising credit card rates, the House on Wednesday approved legislation to accelerate the implementation of new laws to crack down on abusive practices by credit card companies to December 1. The House voted 331-92...
Tags: credit card, House, card rules, card reform, card rate, card companies, house votes
House Tarets Credit Card Fee Increases
Washington :: DC :: USA | 2 months ago
Credibility Credit-card companies were put on the defensive Thursday on Capitol Hill, as lawmakers angry with consumer-fee increases put in place in recent months said they were open to considering changes to interchange laws. "We were reasonable; we were fair. The...
Tags: credit card, card companies, takes effect, Washington
Washington Post: Ezra Klein
Washington :: DC :: USA | 6 months ago
Credibility The credit card bill that passed the Senate is less a set of new rules defined by legislation than an acceleration of new rules decreed by the Federal Reserve . Last December, the Federal Reserve set out a pretty sweeping series of regulations ( CreditCards.com...
Tags: card companies
Obama urges passage of credit card reform
Washington :: DC :: USA | 7 months ago
Credibility US President Barack Obama on Saturday renewed his appeal to Congress to pass a credit card reform bill that would outlaw sudden interest rate increases, hidden fees and what the White House calls "unfair penalties." "There is no time for delay," Obama...
Tags: Barack Obama, card reform, Congress, president barack, Mr. Obama, rate hikes, hidden fees, card companies, radio address, unfair penalties
Obama pledges protections for credit-card users
Washington :: DC :: USA | 7 months ago
Credibility President Barack Obama said Thursday his administration is determined to get a credit-card law that eliminates tricky fine print, sudden rate increases and late fees that give millions of consumers headaches. "I trust that those in the industry who want...
Tags: Barack Obama, credit card, Mr. Obama, president barack, card companies, rate hike, card industry, rate increases, fine print, White House
Obama to Meet Credit-Card Executives
Washington :: DC :: USA | 7 months ago
Credibility President Barack Obama will attend a meeting Thursday with executives from top credit card companies as his administration moves to crack down on certain fees and other penalties, a White House spokeswoman said. When the meeting was announced last week,...
Tags: credit card, The White House, Timothy Geithner, Barack Obama, Mr. Obama, card companies, Mr. Geithner, card abuses
Obama Set to Target Credit Card Fees
Washington :: DC :: USA | 7 months ago
Credibility President Barack Obama will soon turn his attention to the issue of high credit card rates and other abuses, giving a potential boost to congressional efforts to rein in credit card companies. The president is "going to be very focused, in a very near...
Tags: Barack Obama, card abuses, president barack, near term, issues having, obama plans, NBC, card companies, U.S, lawrence summers
Businesses crying foul over credit card fees
Ottawa :: Canada | 9 months ago
Credibility Canadian retailers want the federal government to do something about increased charges to businesses from Visa and Mastercard. (CBC) Coming on the heels of the worst retail sales numbers in 15 years, Canadian retailers are asking the federal government...
Tags: credit card, card companies
Legacy card firm has no BSP regulation
Manila :: Philippines | 10 months ago
Credibility A credit card firm of the controversial Legacy group of companies has been operating without the supervision and regulation of the Bangko Sentral ng Pilipinas (BSP, the central bank), to the detriment of establishments that accredited it, Senator Francis...
Tags: credit card, BSP, Bangko Sentral, card firm, Legacy Group, card companies, Celso de los Angeles, ng pilipinas, sentral ng
Budget targets $7B for infrastructure
Ottawa :: Canada | 10 months ago
Credibility Baird's announcement was the latest in a string of similar announcements from federal cabinet ministers and top advisers in the Prime Minister's Office ahead of Tuesday's official release of the budget. "We have an important responsibility to communicate...
Tags: Canada, match federal, federal budget, card companies, canadians press, finance minister, Ontario, Canadian Press Harris-Decima, Ottawa, conservative government
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