Senate Vote on Credit-Card Bill Slated for Tuesday

With President Obama banging the drum for legislation to sign into law, the Senate is now expected to vote on its version of credit card reform Tuesday.

For the second time in a week Thursday, the President threw his support behind the legislation, which the House approved by a landslide vote of 357-70 two weeks ago.

“It’s time for strong, reliable protections for our consumers,” Obama said in a town hall meeting in Rio Rancho, New Mexico. “It’s time for reform.”

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