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The Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009 is a federal statute passed by the United States Congress and signed by U.S. President Barack Obama on May 22, 2009. It is a comprehensive credit card reform legislation that aims "to establish fair and transparent practices relating to the extension of credit under ...
In order to push the Credit Card Act quickly onto President Obama's desk, the House of Representatives passed the Senate's version of the credit card reform bill yesterday with 361 representatives ...
Following the Senate's lead, the House passed a bill this afternoon designed to help credit card customers by limiting fees and penalties. President Barack Obama could sign it into law as soon as ...
Barack Obama sponsored 147 bills from January 4, 2005 until November 16, 2008. Two became law. [1] This figure does not include bills to which Obama contributed as cosponsor, such as the Coburn-Obama Federal Funding Accountability and Transparency Act of 2006 or the Lugar-Nunn Cooperative Proliferation Detection, Interdiction Assistance, and Conventional Threat Reduction Act of 2006.
Credit CARD Act of 2009 The Omnibus Appropriations Act, 2009 ( H.R. 1105 , Pub. L. 111–8 (text) (PDF) ) is an Act for the United States government that combines bills funding the operations of each of the Cabinet departments , except Defense , Homeland Security , and Veteran Affairs into a single appropriation bill .
President Obama and top economic adviser Lawrence Summers are preparing to take on the credit card industry and its abusive practices -- including surprise rate hikes on on-time customers, at the ...
Well, the CARD Act is finally here, and CreditCards.com hosted a video town hall meeting today with a White House Administration representative to talk about the new credit card rules and answer ...
The 2011 S&P downgrade was the first time the US federal government was given a rating below AAA. S&P had announced a negative outlook on the AAA rating in April 2011. The downgrade to AA+ occurred four days after the 112th United States Congress voted to raise the debt ceiling of the federal government by means of the Budget Control Act of 2011 on August 2, 2011.
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