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The Senate Banking Committee hearings on Tuesday enlightened the public on one extraordinarily important fact. Politicians can be expected to lie, bully, and engage in character assassination to serve the basest of motivations.
Blog
Wallace C. Turbeville
A national research firm says a recent survey of low and middle income consumers indicates the 2009 Credit Card Accountability Responsibility and Disclosure Act is helping consumers reduce their credit card debt load.
In the media
David Morrison
The Credit CARD Act is helping households pay down balances faster, with a third of low- and middle-income households that carry credit card debt reporting that new disclosures have caused them to pay down their balances faster.
Blog
Amy Traub
In the latest unfortunate news at the intersection of motherhood and politics, stay-at-home moms are doing worse emotionally than their working counterparts.
In the media
Sharon Lerner

Signed into law on May 22, 2009, the Credit CARD Act has benefited millions of households in ways that directly affect their monthly budgets.

Policy Briefs
Amy Traub
David Brooks offers up a spirited defense of private equity today in the Times, and many of his points make perfect sense: In fact, many private equity firms don't set out to laden the firms they buy with debt and cash out before the company goes bankrupt.
Blog
David Callahan
With anti-regulatory fervor gripping Washington, it’s difficult to imagine both parties working together to enact successful public safeguards that protect Americans. But it wasn’t that long ago that strong, bipartisan majorities in both the House and Senate took action to defend consumers against
In the media
Amy Traub
The economy may be growing again, but many Americans are still in a cash crunch. In the past year, 40% of low- and middle-income households used credit cards to pay for basic living expenses, such as rent or mortgage bills, groceries, utilities, or insurance, according to survey released Tuesday by
In the media
Jessica Dickler
In the latest unfortunate news at the intersection of motherhood and politics, stay-at-home moms are doing worse emotionally than their working counterparts.
Blog
Sharon Lerner
Oil companies are doubling down on fighting a transparency provision in Dodd-Frank that would require the disclosure of payments made to foreign governments in connection with energy projects in their country. The provision requires information on payments for production licenses, taxes, royalties
Blog
J. Mijin Cha