Tuesday, May 19, 2009

Senate Passes Credit CARD Act

In a sweeping vote of 90 to 5, the Senate passed the Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009, including the sole unrelated amendment to restore weapon carrying rights in National Paks.

The bill differs from the Credit Cardholders’ Bill of Rights Act of 2009, passed earlier by the House of Representatives. Now the Congress must work together to hammer out a compromise to be presented to the President to sign into law.

The second episode of the Consumerism Commentary Podcast is now available!

Senate Passes Credit CARD Act



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