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Published: May 1, 2009
Business Briefs: Credit card changes seen
NATION
Credit card changes seen
WASHINGTON — Riding a crest of populist anger, the House has cleared a bill to rein in credit card practices and eliminate sudden increases in interest rates and late fees that have entangled millions of consumers. The legislation passed Thursday by a bipartisan vote of 357-70 and follows lobbying by President Barack Obama and members of his administration. The measure wo...
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