May 02 Watch New Federal Rules Target Deceptive Credit Card Practices The Federal Reserve proposed new credit card regulations Friday in response to growing rancor over credit practices that are widely regarded as unfair and deceptive. Robin Farzad of BusinessWeek Magazine explains the details and possible effects. Continue watching
Jan 09 I think Congress needs tighter control over the credit card industry. As this ‘bQandA evolves, I’ve taken to asking real economists (i.e., ones with Ph.D.s) to read both your questions and my answers, and comment on any or all of them. This installment’s “guest vetter” is Martin Neil Baily, now with… Continue reading
Mar 08 Watch Senate Examines Credit Card Industry Practices The credit card industry and its practices, including interest rates and other fees, came under scrutiny at Senate hearings Wednesday. A Washington Post reporter details the hearings. Continue watching