Wall Street Journal logo Wall Street Journal 3 weeks ago

There Isn't a Free Credit-Card Market

In your editorial "Dodd's Card Trick" (Oct. 29), you imply that Sen. Chris Dodd's proposed legislation to limit credit-card rates would interfere with the free market, with harmful consequences. Full Article at Wall Street Journal

Related Topics:

  1. Barack Obama
  2. U.S. Senate
  3. U.S. Congress

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  1. Senate Majority Leader Harry Reid, (2nd L)(D-NV), hugs John Rockefeller (C)(D-WV) as Christopher Dodd (L)(D-CT), Patrick Leahy (D-VT) and his wife Marcelle watch after the U.S. Senate voted to begin debate on legislation for a broad healthcare overhaul on Capitol Hill, in Washington, November 21,...
  2. WASHINGTON - NOVEMBER 21: Senate Majority Leader Harry Reid (D-NV) (R) hugs Sen. Chris Dodd (D-CT) as during a news conference following the Senate's cloture vote on health care reform legislation on Capitol Hill on November 21, 2009 in Washington, DC.
  3. WASHINGTON - NOVEMBER 19: Sen. Richard Durbin (D-IL) (L), Sen. Charles Schumer (D-NY) (2nd-L), Sen. Christopher Dodd (D-CT)(C), Senate Majority Leader Harry Reid (D-NV) and Sen. Tom Harkin (D-IA) (R) participate in a news conference on health care on Capitol Hill on November 19, 2009 in Washingto...
  4. WASHINGTON - NOVEMBER 10: Senate Banking Committee Chairman Christopher Dodd (D-CT) (C) is joined by Sen. Mark Warner (D-VA) (L) and Sen. Charles Schumer (D-NY) (R) during a news conference about proposed financial reform legislation at the U.S. Capitol November 10, 2009 in Washington, DC.
  5. WASHINGTON - OCTOBER 27: (L-R) Senate Finance Committee Chairman Max Baucus (D-MT), Sen. John Rockefeller (D-WV), Senate Majority Leader Harry Reid (D-NV) and Senate Banking, Housing and Urban Development Committee Chairman Christopher Dodd (D-CT) hold a news conference after a Democratic policy...
  6. WASHINGTON - OCTOBER 14: White House Chief of Staff, Rahm Emanuel (3rd R) attends a meeting with (L-R) Phil Schiliro Director- legislative affairs, HHS Secretary Kathleen Sebelius, Senate Finance Chairman Max Baucus (D-MT), Senate Majority Leader Harry Reid (D-NV), Sen. Christopher Dodd (D-CT), N...
  7. WASHINGTON - OCTOBER 09: U.S. President Barack Obama (C) waves after making remarks about finanacial institution regulation reform in the East Room of the White House October 9, 2009 in Washington, DC. Obama said he supports the creation of Consumer Financial Protection Agency.
  8. WASHINGTON - AUGUST 04: U.S. Sen. Max Baucus (D-MT) speaks to the media as (L-R) Sen. Christopher Dodd (D-CT), Sen. Charles Schumer (D-NY), and Sen. Richard Durbin (D-IL) listen outside the West Wing of the White House August 4, 2009 in Washington, DC.
  9. WASHINGTON - JULY 23: Secretary of Health and Human Services Kathleen Sebelius speaks with Sen. Christopher Dodd (D-CT) after a meeting at the Capitol on July 23, 2009 in Washington, DC. Secretary Sebelius met with Senators to discuss health care legislation that is going before Congress.

Cast of Characters

  1. Barack Obama Barack Obama
  2. U.S. Congress U.S. Congress
  3. U.S. Senate U.S. Senate
  4. U.S. Democratic Party U.S. Democratic Party
  5. Federal Reserve Federal Reserve
  6. Deval Patrick Deval Patrick