Putting himself on the side of fuming consumers, President Barack Obama is pushing Congress to send him legislation by Memorial Day that would put a tighter rein on the credit card industry.
WASHINGTON — Send me a bill that stops credit card companies from taking advantage of consumers, and do it by month’s end, President Obama is demanding of Congress. But there’s no guarantee lawmakers ...
On the campaign trail, President Barack Obama promised to clean up the credit card industry by establishing a consumers bill of rights. No more "any time, any reason" rate increases, no more confusing ...
According to the Associated Press, The Obama administration is launching a new project aimed at simplifying credit cards agreements to make them easier to understand. The Consumer Financial Protection ...
WASHINGTON, May 9 (Reuters) - Saying credit card industry abuses had worsened in the current recession, President Barack Obama urged Congress on Saturday to approve new regulations to halt sudden rate ...
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