Mar 08 Watch Banks, Retailers Clash Over Move to Cap Debit Card ‘Swipe Fees’ Banks, retailers and lawmakers are preparing for a showdown over hidden "swipe fees" banks charge retailers when consumers make debit card purchases. Judy Woodruff talks with the American Bankers Association's Nessa Feddis and the National Retail Federation's Mallory Duncan about… Continue watching
Feb 22 Watch Credit Card Customers Now Subject to New Protections, Rules New credit card regulations went into effect on Monday, intended to protect consumers from unfair billing practices. Jeffrey Brown discusses the impact of the changes with Adam Levin of Credit.com and finance columnist Gail MarksJarvis. Continue watching
Aug 20 Watch Tougher Credit Card Rules Offer New Consumer Guards New rules for credit card companies took effect Thursday, the first in a series of measures designed to protect consumers from changes to the terms of their card agreements. Jeffrey Brown gets perspective from a consumer advocate and a banking… Continue watching
Aug 18 Watch Record-setting Cyber Theft Stirs Questions on Security The Justice Department indicted three men on Monday for stealing more than 130 million credit and debit card numbers by hacking into the computer systems of five major companies. Cyber-securiity experts discuss the case with Ray Suarez. Continue watching
Aug 13 When Did Formerly Safe Bonds Become Unsafe? Question: My question is: What about U.S. bond holders? I’ve seen bailouts of incompetent banks and businesses and some selective shareholder groups. Investment grade bonds were considered to be the safest investment next to… Continue reading
May 20 Watch Gitmo’s Closing, Financial Regulation Top Hill’s Agenda Lawmakers have been pushing through a busy agenda in recent days, debating issues from the closing of the Guantanamo prison facility to the legalities of carrying loaded guns into national parks. Political analysts Stuart Rothenberg and Amy Walter offer insight. Continue watching
May 20 Watch Credit Card Industry Braces for Big Changes Congress' credit card reform bill will prevent companies from arbitrarily raising interest rates, but it could also tighten available credit. A reporter explains the measure. Continue watching
May 20 Watch Other News: Baghdad Car Bombing Kills at Least 41 Iraqis In other news, a car bombing in Baghdad killed at least 41 Iraqis, injuring 72 others. Also, Pakistan announced its capture of a major Taliban stronghold. Continue watching
May 20 What Congress’ Credit Card Regulations Could Mean for Cardholders, Companies By Admin, PBS News Hour After clearing Congress, the Credit Cardholders' Bill of Rights is headed to President Barack Obama's desk to be signed into law by the end of the month. Continue reading
May 19 Credit Card Regulations Easily Clear Senate Vote By PBS News Hour Senators voted overwhelmingly Tuesday to stop credit card companies from arbitrarily raising cardholder interest rates and charging unexpected fees that have become customary -- and crippling - for cash-strapped consumers during this recession. Continue reading