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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
Embattled Sen. Christopher Dodd hopes to get a boost from President Obama as he airs the first TV ad in his 2010 re-election bid.The 30-second spot set to air statewide in Connecticut on Friday features Obama praising the Democrat for his work crafting...
Tags: Barack Obama, Mr. Obama, election bid, Christopher Dodd, Connecticut, card reform, credit card, tv ad, president obama
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