Obama signs credit card reform bill

October 8th, 2009 Frank pushing quick movement on credit card billWASHINGTON — Rep. Barney Frank, the tough-talking liberal ushering through a major rewrite of rules governing Wall Street, sounded a warning shot on Thursday to big banks: Start playing nice or Congress will make your life even more difficult.

September 30th, 2009 Fed moves ahead on credit card protection planWASHINGTON — The Federal Reserve proposed rules Tuesday to better protect Americans from sudden hikes in interest rates on credit cards. The proposal would generally bar rate increases during the first year after an account is opened.

August 12th, 2009 Amex, Discover to end fees going over credit limitNEW YORK — American Express and Discover customers will soon be free of fees for charging over their credit limits. The two companies said separately Tuesday they will soon end the charges that have generated widespread criticism from consumers.

July 9th, 2009 Dodd warns banks on credit card rate increasesWASHINGTON — Sen. Christopher Dodd, chairman of the Banking Committee, on Thursday warned credit card companies against jacking up interest rates before legislation takes effect that would limit their ability to do so.

June 23rd, 2009 WASHINGTON - While President Barack Obama continues to struggle with his addiction to cigarettes; he has signed the tobacco regulation measure into law for the cause of health care reform. Calling it "a victory for bipartisanship" and "a victory for health care reform," President Obama signed the law this afternoon during a Rose Garden ceremony attended by anti-smoking groups and members of Congress.

June 20th, 2009 Bo Obama featured in White House baseball cardWASHINGTON — You don't have to trade your vintage Joe DiMaggio to get this baseball card. The Obama White House, known for embracing the newest digital trends, is inviting Internet users to download and print out the baseball card for the first family's dog, Bo Obama.

June 3rd, 2009 Capital One CFO: Industry facing dramatic changesNEW YORK — New credit card legislation is expected to have a dramatic impact on the national lending landscape, the chief financial officer of Capital One Financial Corp. said Wednesday.

May 14th, 2009 Obama continues push for credit card billRIO RANCHO, N.M. — President Barack Obama says changing the way credit card companies bill customers is critical to fixing the nation's ailing economy.

May 9th, 2009 AHMEDABAD - A court sent Ashish Ravindranathan, an Indian Institute of Technology (IIT) student, to a 14-day police remand here Saturday after he was nabbed for allegedly duping 50 credit card holders. Ashish, a second semester student at IIT-Bombay's extension centre in Gandhinagar, was arrested by the city crime branch officials Friday night for allegedly duping credit card holders of Rs.650,000.

April 29th, 2009 Geithner pushes for credit card reformWASHINGTON — The Obama administration is pressing for passage of legislation to rein in credit card practices and eliminate sudden rate increases and late fees that have entangled millions of American consumers. Treasury Secretary Timothy Geithner and Rep.

April 24th, 2009 WASHINGTON - US President Barack Obama Thursday met leaders of the credit-card industry, urging them to end unfair practices that are raising costs on indebted consumers, while US lawmakers are considering a wider crackdown on the sector. Obama said he hoped to create a new system that 'eliminates some of the abuses' including sudden interest-rate hikes and late-payment fees, which have added to unmanageable debts for some US consumers.

April 23rd, 2009 Obama to host credit-card CEOs, pledges new rulesWASHINGTON — President Barack Obama, appealing to mainstream consumers, is pushing for more legal protection for the millions of Americans who use credit cards. Obama was meeting with leaders of the credit-card industry Thursday, and he's already backing tougher legislation.

April 23rd, 2009 Obama hosting credit-card CEOs, pledges new rulesWASHINGTON — President Barack Obama is pushing to rein in costs for millions of Americans who use credit cards, an appeal to consumers as many struggle to pay their bills. But the banking industry is warning that Obama's push for legislation could backfire, restricting lenders and making less credit available to Americans during the economic crisis.

April 22nd, 2009 School district hosts credit-card abuse auctionDALLAS — The Dallas Independent School District is conducting an online auction this month of items confiscated from employees who fraudulently used the district's credit cards. The Dallas Morning News reported Tuesday that the 72 auction items were turned over to the district by the FBI.

March 9th, 2009 NOIDA - Three men were arrested here for stealing a credit card and then using it to buy goods to be re-sold, police said here Sunday. The Noida police arrested Robin Verma, Sanjeev Nehra and Anil Nehra near Shopprix Mall while they were trying to sell items purchased on the stolen credit card.