credit card act
Reid trying to speed Udall bill to expedite credit card reforms
Senate leaders are trying to “hotline” a bill that would expedite previously passed credit card reforms to prevent companies from hiking rates and fees before the law takes hold, according to sources on Capitol Hill.
Senate Majority Leader Harry Reid (D-Nev.) has asked members of the Banking Committee for their consent to move the bill directly [...]
Expedited Credit Card Act passes House; Lamborn, Coffman oppose
The Expedited CARD Reform for Consumers Act of 2009, H.R. 3639, passed the House in a 331-92 vote Wednesday, with a number of Republicans joining Democrats in voting for the bill.
Colorado’s Republicans, however, were not among them. Doug Lamborn, representing the Fifth District, and Mike Coffman, representing the Sixth District, both voted against the bill. [...]
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