House Passes Bills Reforming Credit Cards, Allowing Loaded Guns in Parks
Two separate votes. Two high-profile legislative reforms, wrapped together, are on their way to the White House for a signature.
The first installs sweeping consumer protections for credit card users, including a prohibition on rate hikes for existing balances (unless payments are more than 60 days late) and a minimum 45-day warning when rate hikes are coming. The proposal, sponsored by Sen. Chris Dodd (D-Conn.), passed the House Wednesday by an overwhelming 361 to 64. Rep. Stephanie Herseth Sandlin, representing the banking hub of South Dakota, was the only Democrat to vote against the bill, which the Senate approved Tuesday by a vote of 90 to five.
The changes will go into effect nine months after President Obama signs the bill into law.
The second vote, arriving moments later, empowers gun owners to bring loaded weapons — either concealed or open — into national parks unless state law specifically prohibits the practice (most state laws don’t). The count was 279 to 147, with 105 Democrats joining all but two Republicans in support.
White House press secretary Robert Gibbs said Wednesday that the president will sign the bill, despite his opposition to the gun provision.