Cracking Down on Credit Card Companies

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During good times, credit card companies were denounced for offering easy credit. Now they're under fire for tightening up. We hear the pros and cons of a bipartisan credit reform bill President Obama says he wants to sign. Also, Senate hearings into torture allegations, and the government of Pakistan will have a say in how US Predator drones are used against the Taliban in its country.


Banner image: Senate Banking, Housing and Urban Affairs Committee Chairman Christopher Dodd (D-CT) and ranking member Richard Shelby (R-AL) are authors of the Credit Card Accountability, Responsibility, and Disclosure Act. Photo: Chip Somodevilla/Getty Images

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Warren Olney