Home -> Law Blog Directory -> Legal News Blogs -> JURIST - The Paper Chase

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Legal News

: JURIST - The Paper Chase

House passes Senate version of credit card holders' 'bill of rights'

By Bernard Hibbitts (editor) and University of Pittsburgh School of Law students.

ADVERTISEMENTS

[JURIST] The US House of Representatives on Wednesday voted 361-64 to pass the Senate version of the Credit Card Holders' Bill of Rights. Speaker of the House Nancy Pelosi (D-CA) called the bill historic, and a stern rebuke to credit card companies that, "have unfairly profited at the expense of responsible, hardworking Americans who pay their bills on time, and manage their household finances sensibly. The bill passed the Senate 90-5 on Tuesday. American Bankers Association President Edward Yingling called the Senate version of the bill a device that may shrink the availability of credit for consumers. It is believed that President Obama will sign the bill before Memorial Day. The House also passed a controversial amendment to the bill introduced by Senator Tom Coburn (R-OK) that would allow visitors to National Parks to carry firearms. While the NRA applauded the amendment's bi-partisan passage, Speaker Pelosi condemned the Senate for wasting time, offering, "unrelated amendments that undermine our nation's gun safety laws."

Full post as published by JURIST - The Paper Chase on May 21, 2009 (boomark / email).