Speaking to a crowd of 2,300 at a town hall-style meeting in a suburb of Albuquerque, N.M., President Barack Obama issued a call for Congress to move swiftly to enact stronger regulations of the credit card industry.
Obama told the crowd, which included roughly 50 local residents who had sent him letters and emails, that it was time for swift action on a bill being debated in the Senate to enact certain consumer protections.
"I'm calling on Congress to take final action … and send it to my desk so I can sign it into law by Memorial Day," he said. "There is no time for delay." Read more
