Browbeating credit card execs
April 23, 2009 | alternatives, industry | Comments (0)The Prez is meeting with them at the White House this morning:
White House aides said Obama’s meeting with the credit executives is part of a broader outreach to different segments of the business community.
At issue is how to protect consumers, particularly in a severe economic downturn, while not imposing the kind of rules that could make it harder for banks to offer credit or that put credit out of reach for many borrowers. Industry advocates are wary of those consequences and hopeful Obama will listen.
Comments»
No comments yet.