Will the U.S. face another S&P credit downgrade if Congress fails to reduce the deficit $1.5 trillion?
Entries Tagged as 'Congress'
Federal Reserve Won’t Make Deadline to Decide on Debit Card Transaction Fee Rule
March 31st, 2011 · No Comments · Banking
The Federal Reserve told Congress this week it will miss the April 21 deadline to decide on the debit card transaction fee limit set to go into effect July 21
Tags: big banks·checking accounts·Congress·credit unions·Debit Card·debit card transaction fee·debit card transactions·Debit Cards·Federal Reserve·Feds·online-only banking
Congress Proposes Delay of Controversial Cap on Debit Card Swipe Fees
March 23rd, 2011 · 4 Comments · Banking
Unintended consequences have inspired the introduction of legislation in Congress to delay the start of the debit card swipe fee cap.
Tags: Banking·Congress·debit card swipe fee·debit card swipe fee cap·Debit Cards·Federal Reserve·House·merchant fees·Senate
Elizabeth Warren Needs You – Stop Funding Cuts in Consumer Protection
March 4th, 2011 · 1 Comment · Consumer Info, Credit Cards
If financial consumer advocates get their way this summer, Elizabeth Warren will be confirmed as the head of the new U.S. Consumer Financial Protection Bureau. Warren, a Harvard Law School Professor, for years spoke critically and publicly against the predatory lending practices by the credit card companies. Many give her credit for exposing the issues [...]
Tags: Bankruptcy·Congress·Credit Card Accountability Responsibility And Disclosure Act·Credit Cards·Elizabeth Warren·overdaft fees·PayDay Loans·predatory lending·subprime·U.S. Consumer Financial Protection Bureau
