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The Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009 is a federal statute passed by the United States Congress and signed by U.S. President Barack Obama on May 22, 2009. It is a comprehensive credit card reform legislation that aims "to establish fair and transparent practices relating to the extension of credit under ...
Following the Senate's lead, the House passed a bill this afternoon designed to help credit card customers by limiting fees and penalties. President Barack Obama could sign it into law as soon as ...
In order to push the Credit Card Act quickly onto President Obama's desk, the House of Representatives passed the Senate's version of the credit card reform bill yesterday with 361 representatives ...
t. e. Barack Obama sponsored 147 bills from January 4, 2005 until November 16, 2008. Two became law. [1] This figure does not include bills to which Obama contributed as cosponsor, such as the Coburn-Obama Federal Funding Accountability and Transparency Act of 2006 or the Lugar-Nunn Cooperative Proliferation Detection, Interdiction Assistance ...
Credit CARD Act of 2009. The Omnibus Appropriations Act, 2009 (H.R. 1105, Pub. L. 111–8 (text) (PDF)) is an Act for the United States government that combines bills funding the operations of each of the Cabinet departments, except Defense, Homeland Security, and Veteran Affairs into a single appropriation bill.
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The "Durbin amendment" [33] is a provision in the final bill aimed at reducing debit card interchange fees for merchants and increasing competition in payment processing. The provision was not in the House bill; [23] it began as an amendment to the Senate bill from Dick Durbin [34] and led to lobbying against it. [35]
Barack Obama 's tenure as the 44th president of the United States began with his first inauguration on January 20, 2009, and ended on January 20, 2017. Obama, a Democrat from Illinois, took office following his victory over Republican nominee John McCain in the 2008 presidential election. Four years later, in the 2012 presidential election, he ...