Obama Pressures Credit Card Companies on Rates

Credit Card Legislation Passes House
The overwhelming 361-to-64 vote in the House reflected the public anger over the practices of banks and credit card companies.

Overhaul Likely for Credit Cards
With Congress on the verge of limiting penalties on delinquent borrowers, credit card companies are expected to turn to their best customers to make up the difference.

Obama: Send me credit card legislation this month
Send me a bill that stops credit card companies from taking advantage of consumers, and do it by month's end, President Obama is demanding of Congress.

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