May 12th, 2009 - Reuters
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WASHINGTON, May 12 (Reuters) - Democratic Senator RichardDurbin plans to introduce a measure allowing retail stores andrestaurants to offer discounts to customers who pay with cashinstead of a credit card.
The measure is expected to be introduced in the Senateduring debate on credit card reform legislation offered Mondayby Senate Banking Committee Chairman Christopher Dodd.
Legislative efforts are aimed at stopping credit cardcompanies from imposing certain late fees, restrictingretroactive rate increases, as well as other questionablebilling practices and marketing to minors.
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Senate strikes credit card bill compromise
May 12th, 2009 - UPI
WASHINGTON, May 12 (UPI) -- Top Senate Banking Committee members reached a compromise on a bill that would protect U.S. consumers from abusive credit card industry practices.
Senators Cut Deal On Credit Card Bill Legislation Would Protect ...
May 11th, 2009 - Washington Post
The top senators on the Senate Banking Committee have reached a compromise on a bill that would protect consumers from abusive credit card industry practices, increasing the likelihood that the Senate will pass it as early as this week.
Bill would allow return to lower credit-card rates
May 11th, 2009 - Yahoo! News
WASHINGTON – Consumers behind on their credit-card payments could regain their older, lower interest rates if they pay their bills on time for six months, a compromise...
Senators cut deal on credit card bill
May 11th, 2009 - POLITICO
Senate Banking Committee Chairman Chris Dodd has struck a deal with his Republican counterpart on credit card legislation, clearing the way for the Senate to approve tough new rules for the industry. The compromise with Sen...
Senate approves broad bipartisan housing bill
May 6th, 2009 - MarketWatch
WASHINGTON (MarketWatch) -- Lawmakers on Wednesday approved a broad housing bill that would allow the Federal Deposit Insurance Corp. to temporarily borrow as much as $500 billion from the Treasury for the agency's deposit insurance fund.
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3:12Senator Collins discusses credit card rate hikes
Senator Collins of Maine discusses credit card rate hikes with Lisa Myers on NBC's Today Show, Novermeber 4, 2009
5:28Tester Urges Senate to Reform Credit Card Industry
Armed with personal stories from Montanans hurt by credit card companies, Senator Jon Tester urged his colleagues in Congress to reform the credit card industry. Tester, a member of the Senate Banking Committee, helped write the Credit Card Accountability Responsibility and Disclosure Act ...
3:26Report: Shumaila Rana credit card case - Telephone Conversation with the bank representative
Report: Shumaila Rana credit card case - Telephone Conversation with the bank representative
9:02Sen. Chris Dodd on CBO Scoring of Healthcare, Credit Card Bill and FISA
Sen. Chris Dodd on CBO Scoring of Healthcare, Credit Card Bill and FISA
