Are Taxpayers Bailing Out Troubled Banks Twice?

06/09/2009 05:12 am ET | Updated May 25, 2011

The federal government is taking up the fight against credit card companies accused of taking advantage of consumers.

In taking aim at what he called "abuse that goes unpunished," President Obama has asked Congress to send him a bill by Memorial Day that prevents credit card companies from suddenly raising rates on everyday customers.

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