Credit Card Reform

Witnesses testified on pending credit card legislation. The first bill, the Credit Card Interchange Fees Act would amend the Truth in… read more

Witnesses testified on pending credit card legislation. The first bill, the Credit Card Interchange Fees Act would amend the Truth in Lending Act by prohibiting specified electronic payment system network practices and allow more transparency and negotiation to take place on interchange fees, which are fees merchants must pay banks & credit card companies for credit card transactions. The second bill, the Expedited CARD Reform for Consumers Act would change the Credit Card Accountability, Responsibility, and Disclosure Act (CARD) by moving up its effective date because some credit card companies are now raising rates on the fees charged to customers ahead of new regulations going into effect.  close

People in this video

  • Nick Bourke Project Manager Pew Charitable Trusts->Safe Credit Cards Project
  • Mark Caverly Executive Vice President Local Government Federal Credit Union
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More information about

Credit Card Reform

428 Views
Program ID:
289359-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Oct 8, 2009
Last Aired:
Oct 13, 2009

Airing Details

  • Oct 08, 2009 | 9:19pm EDT | C-SPAN 2
  • Oct 08, 2009 | 10:51pm EDT | C-SPAN 1
  • Oct 09, 2009 | 2:48am EDT | C-SPAN 2
  • Oct 09, 2009 | 2:51pm EDT | C-SPAN 2
  • Oct 09, 2009 | 4:15pm EDT | C-SPAN 2
  • Oct 09, 2009 | 4:57pm EDT | C-SPAN 2
  • Oct 12, 2009 | 3:10am EDT | C-SPAN 1
  • Oct 12, 2009 | 4:34am EDT | C-SPAN 1
  • Oct 12, 2009 | 5:16am EDT | C-SPAN 1
  • Oct 13, 2009 | 10:01am EDT | C-SPAN 3
  • Oct 13, 2009 | 11:25am EDT | C-SPAN 3
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