Watch Your Wallet-Congress Is Returning

摘要

The House passed this dangerous bill earlier in the year, but the Senate balked because many lawmakers realized that allowing judges to cram down new terms would increase the cost of borrowing, threaten the availability of credit, further destabilize the financial markets and delay economic recovery. Forcing Credit Risk Both chambers are seeking to rewrite the rules that govern how credit cards operate, even as the Federal Reserve releases draft regulations that would curb certain practices deemed unfair or deceptive.