washingtonpost.com - 5/1/2009
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Washington Post Staff Writers Friday, April 24, 2009
thehill.com - 5/9/2009
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thehill.com —
The U.S. economy is improving, President Obama said
in his weekly radio address, though he cautioned recovery...
would not be complete until Congress enacted credit card reform. "This week, we saw some signs that the gears of America’s economic engine ...
(more)
Obama calls for credit card reform
thecaucus.blogs.nytimes.com - 5/4/2009
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House Passes Significant Credit Card Regulation In Bipartisan Vote
The Huffington Post | Full News Feed —
... Things have changed. Last week, the big card companies were called on the carpet at the (White House, where the President announced, "The days of any-time, any-reason rate hikes and late-fee traps have to end." And Thursday in the House, over 100 Republicans voted with Democrats to swiftly usher in the end of the freewheeling era in the credit card market. ...
Caleb Gibson: House Passes Significant Credit Card Regulation In Bipartisan Vote
Politics on HuffingtonPost.com —
... Things have changed. Last week, the big card companies were called on the carpet at the (White House, where the President announced, "The days of any-time, any-reason rate hikes and late-fee traps have to end." And Thursday in the House, over 100 Republicans voted with Democrats to swiftly usher in the end of the freewheeling era in the credit card market. ...
Related Content
Credit Card Reforms up for Senate Vote
time.com 5/19/2009 — Unable to stop the tide of foreclosures and job losses, lawmakers are hoping to give voters at least some breathing room in the economic downturn by banning arbitrary rate hikes and excessive fees charged by credit card companies
Video: Credit card controversy
marketnewslive.blogspot.com 4/23/2009 — High credit card fees are coming under fire in Washington but banks say they need to price in risk.
Credit Card Reform: Does my credit card’s interest rate mean anything?
rortybomb.wordpress.com 5/23/2009 — Transactional and Revolving credit
I highly recommend this post by interfluidity, where he slices a credit card into the transactional and revolving portions, and makes this finance blogging thing look easy. He write about how we should focus on ...
Obama says there's 'no time for delay' on credit card reform
politicalticker.blogs.cnn.com 5/9/2009 — President Obama says there must be strong and reliable protections for consumers.
(CNN) — President Obama urged Congress to quickly pass a credit card reform bill so that he can sign it into law by Memorial Day.
“It is past time for rules ...
Credit Card Reform
balloon-juice.com 5/20/2009 — Passed and by a wide margin :
he Senate voted overwhelmingly on Tuesday to put new restrictions on the credit card industry, passing a bill whose backers say will make card-issuers spell out their terms in fewer words, using plain English, and ...
Credit Card Bill
corner.nationalreview.com 5/19/2009 — In one key respect, it seems an utterly characteristic Obama economic initiative:
Now Congress is moving to limit the penalties on riskier borrowers, who have become a prime source of billions of dollars in fee revenue for the industry. And to ...
Obama agenda: Chrysler's bankruptcy —
First Read 5/1/2009
“Chrysler, the nation's third-largest automaker, filed for bankruptcy protection yesterday, with President Obama promising that court relief would give the company a ‘new lease on life,’” the Washington Post reports.
A New York Times analysis notes ...