Comment on The Federal Reserve is cracking down on credit-card companies. Why do we need legislation, too?

The Federal Reserve is cracking down on credit-card companies. Why do we need legislation, too?

In Congress, bashing credit-card companies is like coming out in favor of puppies. It's not a particularly risky move. That's especially true when the Federal Reserve has already announced new regulations that would require credit-card companies to do a lot of the stuff Congress is threatening to do.[more ...]

 

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