President Obama Meets With Credit Card Executives Today To Tell Them They Are Not Approved

President Obama Meets With Credit Card Executives Today To Tell Them They Are Not Approved

It’s a good week for consumer protection against abusive credit card practices. Yesterday, the House Financial Services Committee approved the Credit Cardholders’ Bill of Rights, and this afternoon President Obama is meeting with officials from 14 credit card companies to tell them “that greater consumer protections are coming for their customers, with or without their cooperation.”