Episode 114 • • 22:04 - 25:21
114: Obama's Pitch
Credit Card CARD Act, White House Transparency Concerns
The Credit Card Accountability Responsibility and Disclosure (CARD) Act, signed in May, is presented by the White House as consumer protection but contains provisions for increased data tracking. The official White House website provides summaries and videos of the legislation but lacks direct links to the full text of the bill. Critics suggest the fine print allows credit card companies to build dossiers on users for government reporting.