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Obama Seeks Reform of Credit Card Firms' Practices

washingtonpost.com
Apr. 23, 2009
President Obama is making clear to credit card executives today that he intends to back efforts to crack down on what lawmakers consider to be deceptive practices, even as the industry criticizes legislation in the House of Representatives as dangerous to the nation's hopes for an economic recovery.
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Obama meets with credit card executives

Obama meets with credit card executives

WASHINGTON, April 23 (UPI) -- U.S. President Barack Obama met with executives from 14 credit card companies Thursday to discuss reforms aimed at protecting consumers.
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
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Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler