(Reuters) - WASHINGTON, June 7 - Members of a U.S. House
committee on Thursday criticized abusive consumer credit card
interest rates and fees, while faulting the Federal Reserve for
doing little about them.
"The Fed hasn't done squat to deal with this problem and
doesn't seem to be doing squat about it," said Rep. Mel Watt, a
North Carolina Democrat, at a subcommittee hearing.
Read more at Reuters.com Government Filings News
committee on Thursday criticized abusive consumer credit card
interest rates and fees, while faulting the Federal Reserve for
doing little about them.
"The Fed hasn't done squat to deal with this problem and
doesn't seem to be doing squat about it," said Rep. Mel Watt, a
North Carolina Democrat, at a subcommittee hearing.
Read more at Reuters.com Government Filings News
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