U.S. House Easily Passes Credit-Card Bill

May 20th, 2009 | Posted in Banking

The U.S. House of Representatives voted to approve a credit-card reform bill, a day after the Senate approved the same protections by an overwhelming 90-5 bipartisan vote. President Obama is expected to sign the legislation, which limits interest-rate hikes and other industry practices, as early as this week. Read on for more details.

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2010-09-07 17:30