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Credit cards: No holiday help from Congress
A congressional effort to enact swift rules to protect credit card consumers during the holiday shopping season is all but dead.
U.S. Residency Sought For 9/11 Illegal Alien Relatives
A New York congresswoman has for the third time introduced legislation to grant special U.S. residency to more than a dozen illegal immigrants whose undocumented relatives were killed in the 2001 World Trade Center terrorist attacks.A Democrat Carolyn Maloney , who has represented New York's 14th district in the U.S. House since 1992, wants ...
Hinojosa withdraws as overdraft cosponsor
Nov. 24, 2009 - Rep. Ruben Hinojosa, D-Texas, last week withdrew his name from the list of cosponsors of H.R. 3904, an overdraft practices bill introduced by Rep.
In Love Affair With Credit, It's Business as Usual
Creating compelling television out of jacked-up interest rates, compounded penalty fees and software code rigged to rip off credit card customers is no mean feat.
The genie is out of the bottle. A And the challenge now facing Congressional Democratic leaders is how to put the genie back in the bottle.
Rape Kit Backlog Bill Introduced in House of Representatives
Representatives Carolyn Maloney and Dean Heller introduced a bill today in the House to address the national crisis of untested rape kit backlogs.
Geithner Says He Won't Step Down, Takes a Few Swings at Republican
Close November 19, 2009, 10:57 AM ET By Damian Paletta Treasury Secretary Timothy Geithner and Rep.
Study finds NY entrepreneurship lagging nation
A new Baruch College report points to the need to encourage the creation of new small businesses that show long-term viability and can hire more employees.
Senate hears need for bank overdraft controls - AP
A A A' Bank overdraft fees that can turn a cup of coffee into a $40 expense disproportionately hit the young and the poor, consumer groups are complaining to Congress.
Statement of Rep. Carolyn Maloney on Health Care Reform Bill
Statement of Rep. Carolyn Maloney on Health Care Reform Bill Washington, D.C. - Congresswoman Carolyn Maloney issued the following statement Saturday night in support of the House-passed Affordable Health Care for America Act: "Last Sunday, 42,000 people gathered in my hometown of New York City to run the NYC marathon while 2 million more people ...
GOP reacts angrily to trial move
The World Trade Center flag is folded after being presented as friends and relatives of the victims of the Sept.
Fed: banks need customer consent on overdraft fees
Banks will have to secure their customers' consent before charging large overdraft fees on ATM and debit card transactions, according to a new rule announced Thursday by the Federal Reserve.
Options available to avoid overdraft fees
Customers can choose from a couple different options to avoid overdraft fees, according to bank executives on Guam.
Sen. Dick Durbin (second in seniority) says the banks "Own Congress"
Submitted by Bill on Thu, 2009-04-30 19:54. Wow, someone in authority is telling the truth... Illinois senator Dick Durbin admits on the radio that "frankly" the banks own congress.
The first nasty floor fight in the health care debate is under way, and ita s all over a bit of theater that Democrats decided to put on at the outset of todaya s proceedings.
Overdraft protection: A convenient excuse?
U.S. banks collected $28 billion in overdraft fees last year. That's up 35 percent from 2006.
House Votes to Speed Up Credit Card Reforms
House Votes to Speed Up Credit Card Reforms Maloney-Frank bill will implement credit card reforms immediately upon enactment Washington, DC - The U.S. House of Representatives today overwhelmingly approved legislation sponsored by Reps.
House accelerates credit card rules
Responding to consumer frustration over rising credit card rates, the House on Wednesday approved legislation to accelerate the implementation of new laws to crack down on abusive practices by credit card companies to December 1. The House voted 331-92 to move up the effective date of recently approved restrictions on credit card companies from the ...
House Votes to Speed Up Credit Card Rules
A recent study found the lowest interest rates on most bank cards jumped by more than 20 percent from last December to July.
White House Quietly Working To Weaken Investor Protection
The White House is quietly working to undercut a key post-Enron reform, significantly weakening protection for everyday investors and threatening the administration's image as a champion for financial regulatory reform.
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