As the conference committee reconciles the House and Senate versions of the financial regulatory reform bills, Sen. Richard Durbin’s (D-Ill.) amendment regulating the type and scope of fees that Visa, Mastercard and other companies can charge businesses for debit card transactions has proven one of the hottest flashpoints. But More…
When it comes to credit cards, there’s almost always something to be watching out for. At Creditslips, Adam Levitin notes that interest rates on most low-rate credit cards are holding steady, and rates on high-rate cards even fell a little recently. So … what about all those fears that More…
The vote might have been delayed, and it might have been stacked with an irrelevant gun amendment, but legislation to protect consumers from the most abusive tactics of the credit card industry passed the Senate Tuesday by the overwhelming count of 90 to five.
The proposal would prohibit rate hikes More…
The Senate on Tuesday night easily passed an amendment to credit card reform legislation that would allow concealed weapons in national parks. The vote was 67 to 29.
The question now is this: Will a controversial gun proposal attached to popular underlying legislation be the poison pill that sinks that More…
rss