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Credit Card Fairness for Consumers
May 12, 2009 — Democratic Senators today joined consumer protection advocates in discussing new legislation to put fairness and common sense back into credit cards. The bipartisan CARD Act (Credit Card Accountability, Responsibility and Disclosure) is authored by Senator Dodd and cosponsored by Senators Levin, Menendez, Merkley, and 18 others. Democrats are working to protect consumers from excessive fees, ever-changing interest rates and complex contracts seemingly designed to keep people in debt. Their plan will also strengthen oversight of the credit card industry.
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The Senate will convene at 2:00 p.m. and proceed to a period of morning business until 3:00 p.m. with Senators permitted to speak therein for up to 10 minutes each.
At 3:00 p.m., the Senate will resume consideration of H.R. 3082, Military Construction and Veterans Affairs Appropriations.
At 4:30 p.m., the Senate will proceed to the nomination of Andre Davis to be U.S. Circuit Judge for the Fourth Circuit.
At 5:30 p.m., the Senate will vote on confirmation of the nomination. An additional vote in relation to an amendment to Military Construction/VA appropriations is possible following the 5:30 p.m. vote.
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