Speeding Up the Credit CARD Act Distracts Us from Critical Issues

Posted On: November 11, 2009

Some well-intentioned lawmakers want to hasten implementation of a new federal credit card reform law, but this is mere feel-good legislation — a distraction at a time when more serious issues demand our attention.
Signed into law in May, the Credit Card Accountability, Responsibility, and Disclosure (Credit CARD) Act bans card issuers from deceptive and unfair [...]