This is a class blog for the students of POLSCI 426: Congressional Politics at the University of Wisconsin–Milwaukee.
Congress takes on Credit Cards
Congressional lawmakers are seeking to reform practices used by credit card companies. The House committee on Financial Services has been pressured by consumer interests groups to examine the problem of credit card debt in American families. This seems to be a Democratic effort; the article is sans any Republican quotes. The committee itself is chaired by a Democrat, and has a likewise majority. Notable members of an otherwise un-notable committee; Ron Paul of Texas, and Gwen Moore of our very own Wisconsin.
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1 comment:
I think its about time Congress looked into the credit card compaines. Congress should look into helping young folks and individuals with low credits by putting standards on credit card companies before these individuals get to far in credit debt.
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