Obama administration officials plan to meet with credit card company executives at the White House next Thursday, April 23, 2009. Various reports leave it unclear as to whether or not the President will be in attendance. According to CNBC, which is citing a Reuters report, he will not. Rather, “Treasury Secretary Timothy Geithner, National Economic [...]
Posts Tagged ‘regulation’
Dr. Robert Lahm interviewed by Wall Street Journal reporter, Jane Kim
I’ve alluded to speaking with some reporters who are associated with major media organizations, but I have also held back on indicating their identities, for a few reasons. One reason is that just because you talk to a reporter, it does not mean that his or her piece will ultimately go forward; editors may decide that [...]
FIGHTING BACK: Congressman Hinchey Introduces Bill to Cap Interest Rates
Hi All,
Below is an interesting piece of proposed anti-usury legislation that you might want to contact your representatives about. It would override the rate abuses that have been made possible by the National Bank Act, that allowed credit card issuers to circumvent state anti-usury laws by locating in states that have anti-consumer laws like Delaware [...]
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