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 -- 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 ...
WASHINGTON (AP) — Send me a bill that stops credit card companies from taking advantage of consumers, and do it by month's end, President Barack Obama is demanding of Congress.
Today President Obama will meet with credit card executives to discuss changing their practices to help protect consumers. Both the House and Senate are considering a credit cardholders' "bill of ...
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 ...