For far too long, policies in Washington have been written for, and sometimes by, well-financed corporate interests. The result is a playing field that is tilted in favor of special interests at the expense of consumers. I have worked in Congress to return power to the consumer where it belongs. As a consumer, you should have the power and information to make decisions that affect you and your family, whether it involves your finances, your health care, or any other personal decision.
Last year, I supported a package of reforms known as the “Credit Card Holder’s Bill of Rights.” These common-sense reforms are putting an end to some of the most egregious practices we saw from credit card companies. Far too many Americans were getting trapped in a cycle of consumer debt because of dishonest, and in some cases, downright abusive business practices that were perfectly legal under the old regulatory structure.
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