The Democratic Convention is slated to begin this week in Denver and I’m already disappointed about Democratic Presidential Nominee Senator Barack Obama’s choice for his Vice Presidential Candidate - Senator Joseph (Joe) Biden from Delaware.
Delaware is the state of incorporation for most large corporations in the United States because of the perception (whether real or [...]

What are the odds for passage of one of the Congressional credit card reform bills?
Roderick Hills, professor of public law at NYU, told TheStreet.com that although Republicans would work hard to water down the CARD Act, they are less likely to filibuster in an election year after credit cards and banking have been in the [...]

The News Journal has an article aptly titled Critics call proposals ill-timed as banking industry already struggling.  One of the critics is the American Bankers Association - which worries that credit card reforms will decrease the ability of Americans to get credit or increase their cost of doing so.
The ABA statement on the Federal Reserve’s [...]

Three big proposals (and probably a few more…) for credit card reforms are under consideration currently. They are:

The Credit Cardholders’ Bill of Rights. Under consideration in the House of Representatives, this bill has 110 co-sponsors.

Read More: Baltimore Sun, Atlanta Journal-Constitution

The C.A.R.D. Act - The Credit Card Accountability, Responsibility and Disclosure Act was proposed [...]