Ramping up his campaign to crack down on credit cards, President Obama met Thursday with more than a dozen executives of card-issuing companies to press his case for new consumer protections.
Obama, Treasury Secretary Tim Geithner and others met with executives of leading financial institutions like Visa (V, Fortune 500), American Express (AXP, Fortune 500), Mastercard (MA, Fortune 500), Capital One (COF, Fortune 500), and several big banks like Citigroup (C, Fortune 500), JPMorgan Chase (JPM, Fortune 500) and Bank of America (BAC, Fortune 500).
The White House meeting came a day after credit card legislation opposed by the financial services industry moved forward on Capitol Hill.
Technorati Tags: barack obama,black money,african american money,black wealth,african american wealth
No comments:
Post a Comment