He's Coming For Your Credit Cards Next!

Obama to hold town hall meeting on credit cards...

"... reforms are on their way through Congress." - WH

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By Jeff Mason
WASHINGTON, May 8 (Reuters)

U.S. President Barack Obama will hold a town hall meeting next week in New Mexico to promote congressional efforts to reform credit card practices, the White House said on Friday.
Banks such as Bank of America Corp , JPMorgan Chase & Co , Citigroup Inc and Capital One Financial Corp face a new set of rules issued by the Federal Reserve last year aimed at reining in abusive credit card practices...