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This month, Congress will vote on a bill to eliminate almost all of the funding for popular credit card reward programs like cash back and travel points. This legislation would allow retailers to...
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 an open end consumer credit plan, and for other ...
A bipartisan bill aimed at promoting transparency and competition in the credit card market is gaining both support and opposition as it sits in deliberation with the Committee on Banking, Housing,...
2nd: January 3, 2022 – January 3, 2023. The bills of the 117th United States Congress list includes proposed federal laws that were introduced in the 117th United States Congress. The United States Congress is the bicameral legislature of the federal government of the United States consisting of two houses: the lower house known as the House ...
Congress can take a major step in helping grocers keep food prices affordable for Tennessee families by supporting the Credit Card Competition Act.
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1] First proposed on January ...
A plot to kill credit card reward points has bipartisan buy-in, with lawmakers framing the effort as an attempt to curb still-stubborn inflation.
A Senate and House conference was required to reconcile the differences, which resulted in the bipartisan CHIPS and Science Act, or "CHIPS Plus". [32] The bill passed the U.S. Senate by a vote of 64–33 on July 27, 2022. [33] On July 28, the $280 billion bill passed the U.S. House by a vote of 243–187–1. [34]