Biz, U.S.: Next on the list: Obama takes on the credit card industry
- The Credit Cardholders’ Bill of Rights brings more transparency to the contractual relationship and give consumers the tools they need to responsibly manage their own credit.
- Congresswoman Carolyn Maloney, D-NY • On her bill, which would level the playing field between consumers and the credit card industry, which often charges excessive fees that many consumers see as unfair. President Barack Obama will meet with leaders of the credit card industry today, during which he’ll likely attack some of their methods. • source