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marketnewslive.blogspot.com - 4/23/2009
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High credit card fees are coming under fire in Washington but banks say they need to price in risk.
nytimes.com - 4/23/2009
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nytimes.com —
President Obama, right, and an adviser, Lawrence Summers,
seen napping at center, met with credit card executives
Thursday.
(more)
Obama Pressures Credit Card Issuers on Rates
bloomberg.com - 4/23/2009
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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 ...
politicalnewslive.blogspot.com - 4/24/2009
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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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