Senate Banking Committee To Examine Credit Card Industry Practices
Robert Schroeder reports for MarketWatch that the US Senate Banking Committee is planning to hold a hearing this Thursday titled “Examining the Billing, Marketing, and Disclosure Practices of the Credit Card Industry, and Their Impact on Consumers.”
According to the Committee's web site, the committee will be hearing from Professor Elizabeth Warren , Leo Gottleib Professor of Law and author of The Two Income Trap: Why Middle Class Mothers and Fathers are Going Broke, Harvard Law School, Mr. Robert Manning , Professor of Finance and Author of Credit Card Nation, Rochester Institute of Technology, Mr. Michael Donovan , Esq., Donovan and Searles, Mr. John Finneran , President of Corporate Reputation and Governance, CapitalOne Financial, Mr. Richard Vague , Chief Executive Officer, Barclaycard US, Ms. Carter Franke , Executive Vice President of Marketing, JP Morgan Chase & Co., Ms. Tamara Draut , Director, Economic Opportunity Programs, Demos and Mr. Travis Plunkett , Legislative Director, Consumer Federation of America.
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