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Consumer 10.0: How the Pew Trusts aided credit card reform
It was early 2007, and Michael Roster and Dwane Krumme each viewed the credit card industry with growing dismay. Each had played a role in its development – Krumme as a banker, and Roster as a prominent industry lawyer. Now, each saw that the business had turned into a trap for unwary consumers dragged down by billions of dollars in tricky fees and sky-high penalty
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Report card
We examine the issue from the domestic perspective of the saving and investment balance and from the external side in….
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Deal reached on debit card transaction fees
WASHINGTON — Limits on the fees banks charge merchants who accept debit cards would not apply to government-issued cards, under a tentative House-Senate deal aimed at easing worries raised by state treasurers.
Read more on Pioneer Press
Deal on card fees reached
Limits on the fees banks charge merchants who accept debit cards would not apply to government-issued cards, under a tentative House-Senate deal aimed at easing worries raised by state treasurers.
Read more on Tulsa World
Durbin fights to keep card provision from being swiped
Sen. Dick Durbin (D-Ill.) is going on offense to ensure his crackdown on debit card fees remains in Wall Street overhaul legislation. Read more…
Read more on The Hill
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