Consumer Credit Card Debt

Senator Ron Wyden delivered the keynote speech. He talked about his proposed legislation for creating a five-star safety rating system for consumer credit… read more

Senator Ron Wyden delivered the keynote speech. He talked about his proposed legislation for creating a five-star safety rating system for consumer credit cards.

Following his speech, the panelists discussed Senator Wyden’s legislation, the steps needed to inform Americans about the best credit card options, the overuse of credit cards, the home mortgage crisis, interest rates, and the economic downturn. After their presentations the panelists responded to audience members' questions.

The Center for American Progress Action Fund has released a report, House of Cards: Consumers Turn to Credit Cards Amid the Mortgage Crisis, Delaying Inevitable Defaults. Tamara Draut is the author of Strapped: Why America’s 20- and 30-Somethings Can’t Get Ahead, published by Anchor. close

People in this video

  • Leonard Chanin Associate Director Federal Reserve->Division of Consumer and Community Affairs
  • Tamara Draut Director Demos->Economic Opportunity Program
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Consumer Credit Card Debt

144 Views
Program ID:
204165-1
Category:
Public Affairs Event
Format:
Forum
Location:
Washington, District of Columbia, United States
First Aired:
Feb 25, 2008 | 10:10am EST | C-SPAN 1
Last Aired:
Mar 03, 2008 | 4:08am EST | C-SPAN 1

Airing Details

  • Feb 25, 2008 | 10:10am EST | C-SPAN 1
  • Feb 25, 2008 | 10:02pm EST | C-SPAN 2
  • Feb 26, 2008 | 3:04am EST | C-SPAN 2
  • Mar 03, 2008 | 4:08am EST | C-SPAN 1
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Consumer Credit Card Debt

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