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Legislation to rein in credit card practices and eliminate sudden rate hikes and late fees that have entangled millions of American consumers is getting closer to becoming law, bolstered by presidential pressure and the backdrop of economic calamity.
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Propelled through the House by antibusiness sentiment in tough economic times, legislation putting new reins on the credit card industry now goes to the Senate, where...
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AP,
The 357-70 roll call by which the House on Thursday approved a bill to restrict credit card practices and eliminate sudden increases in interest rates and late fees.
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Treasurys ended mixed Thursday after data showed a surprise decline in jobless claims but also a drop in personal spending.
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Riding a crest of populist anger, the House has cleared a bill to rein in credit card practices and eliminate sudden increases in interest rates and late fees that have...
made popular Apr 30 2009
AP,
A comparison of House and Senate legislative proposals with pending Federal Reserve regulations:
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AP, Washington
Legislation to rein in credit card practices and eliminate sudden rate hikes and late fees that have entangled millions of American consumers is getting closer to...
made popular Apr 30 2009
AP, New York
Treasurys slumped Wednesday after the Federal Reserve sided with stock investors and said the economy is showing signs of stabilizing.
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The Obama administration is pressing for passage of legislation to rein in credit card practices and eliminate sudden rate increases and late fees that have entangled...
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President Barack Obama says he will push for a law to provide “strong and reliable” protections for the millions of Americans who have credit cards.
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Maple Grove:
Judy Grossinger, assistance vice president of accounting at TopLine Federal Credit Union. (Photo: Business Wire)
