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Obama Pressures Credit Card Issuers on Rates
Obama Pressures Credit Card Issuers on Rates
President Obama, right, and an adviser, Lawrence Summers, seen napping at center, met with credit card executives Thursday.
Obama Wants End to ‘Deceptive’ Credit-Card Policies (Update2)
Obama Wants End to ‘Deceptive’ Credit-Card Policies (Update2)
bloomberg.com — April 23 (Bloomberg) -- Executives from credit-card issuers including Bank of America Corp. and American Express Co.... arrived at the White House for a meeting with President Barack Obama to argue against new limits on fees and interest rates. Obama is ... (more) Obama Wants End to ‘Deceptive’ Credit-Card Policies ...
Video: Credit card controversy
marketnewslive.blogspot.com — High credit card fees are coming under fire in Washington but banks say they need to price... in risk. (more) Video: Credit card controversy
Video: Obama pledges protections for credit-card users
politicalnewslive.blogspot.com — President Barack Obama said Thursday he is determined to get a credit-card law that eliminates the tricky... fine print, sudden rate increases and late fees that give millions of consumers headaches. AP's Mark Smith reports. (more) Video: Obama pledges protections for credit-card users
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Obama takes on the credit card companies
BloggingStocks — ... Obama has definitely walked into office with a lot of things on his plate, and consumer credit debt has to be one of the top priorities. ...

Links 4/24/09
naked capitalism — ... The Caucus, New York Times (hat tip reader Steve A). The topic was credit cards. However, it appears the president is holding the line on at least one bankster issue: Obama Pressures Credit Card Issuers on Rates New York Times ...

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