The Washington Independent

Posts Tagged Maloney

Populist Angst Fuels Senate Credit Card Compromise

By | 05.11.09 | 6:58 pm

Senate banking leaders have wrangled a bipartisan deal over controversial legislation reining in the credit card industry, setting the stage this week for likely passage of new consumer protections in the midst of a tough economy where card companies are hiking rates to bolster profits.

The Senate compromise — worked More…