The Washington Independent

Posts Tagged american banking association

Senate Panel Approves Credit Card Reform, Minus One Democrat

By | 03.31.09 | 4:44 pm

The Senate Banking Committee today approved legislation forcing banks to make credit cards more consumer friendly, but don’t mistake this for a strictly partisan issue. While it’s true that most Democrats support the legislation and most Republicans oppose it (the panel vote was 12-11), there are regional nuances in this More…