nytimes.com - 10/27/2009
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Senator Christopher J. Dodd , Democrat of Connecticut, on Monday proposed freezing interest rates and fees on existing credit card balances until a new law took effect. Senator Dodd, the chairman of the Senate Banking Committee, said his bill was necessary because banks were raising rates “to ...
thehill.com - 10/27/2009
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thehill.com —
Credit card rates would be immediately frozen under
new legislation introduced Monday by Senate Banking Committee Chairman...
Chris Dodd (D-Conn.). Dodd will introduce the bill in response to concerns that the Credit Card Accountability, Responsibility, ...
(more)
Dodd introduces bill to immediately freeze credit card rates
cnbc.com - 10/27/2009
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cnbc.com —
Top Democrats in the Senate have reached an
agreement to extend the soon-to-expire $8,000 tax credit for...
first-time homebuyers, Senate Banking Committee Chairman Christopher Dodd said Tuesday. "We have that. Done," Dodd told reporters. He declined to ...
(more)
Democrats Agree to Extend Home-Buyer Tax Credit: Dodd
blogs.courant.com - 10/23/2009
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blogs.courant.com —
U.S. Sen. Christopher J. Dodd is saying it's
time to move on from the long-running Countrywide Financial...
VIP loan scandal. The issue broke more than one year ago with an article mentioning Dodd, Countrywide kingpin Angelo Mozilo, Sen. Kent ...
(more)
U.S. Sen. Chris Dodd on Countrywide Financial VIP Loan: ...
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Dodd Calls for Interim Freeze on Credit Card Fees and Rates
Democratic Underground Latest Breaking News —
... took effect in February. The new credit card law, which was passed in May, seeks to stop banks from arbitrarily raising interest rates. Last week, the House Financial Services Committee passed legislation to move up the effective date for the credit card law, which will restrict interest rate increases and hidden fees, from Feb. 22 to Dec. 1. The measure is opposed by the banking industry, which says it will be difficult if not impossible to meet the expedited deadline. Read more: http://www.nytimes.com/2009/10/27/business/economy/27ca...
A.M. Roundup
Capitol Confidential —
... Sen. Chris Dodd proposes a credit card rate freeze on existing accounts to stem a profit-squeeze by companies in advance of new regulations. (NYT) ...
The WonkLine: October 27, 2009
Wonk Room —
... Yesterday, Sen. Chris Dodd (D-CT) proposed freezing all credit card rates until new credit card regulations take effect in February. Dodd “said his bill was necessary because banks were raising rates ‘ ...
Dodd Pushes for Credit Card Law Sooner Than Later
Delaware Liberal —
The House Financial Services Committee has passed legislation that will push up the start date of the credit card law from February 22nd to December 1st, reports The New York Times . The ...
Tuesday's Mini-Report
Political Animal —
... . Quick, someone let Inhofe know. * In May, a new credit card law stopped banks from arbitrarily raising interest rates. Senate Banking Committee Chairman Chris Dodd (D-Conn.) is taking the next step , proposing "freezing interest rates and fees on existing credit card balances until a new law took effect." * The votes ...
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Wednesday ...
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