Did someone send a Changeinterms.com sticker to Secretary Geithner? More great news today from AP:
“We need to change the rules of the game” to make the credit card business more transparent, fairer and simpler for consumers, Geithner told reporters after the meeting at the Treasury Department. “This administration and this Congress are committed to changing [...]
Posts Tagged ‘regulation’
“We need to change the rules of the game”… Secretary Geithner
If banks don’t want the regulation, it must be good for consumers
If you’ve been following Congressional schedules, then you know that the House and the Senate are both involved with different versions of proposed credit card legislation. Some people I know feel that additional regulation is not necessary, and moreover the whole process (and Congress) is rife with corruption. I don’t necessarily disagree that corruption in [...]
PRODUCT SAFETY RECALL: Chase credit cards “unsafe,” pose “risks of substantial injury”
According to its Website, the U.S. Consumer Product Safety Commission (CPSC) is “charged with protecting the public from unreasonable risks of serious injury.” When contemplating product safety, most of us probably think of “toys, cribs, power tools, cigarette lighters, and household chemicals,” which are under the purview of this federal regulatory agency. The CPSC does not regulate all [...]
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