05/21/2009 05:12 am ET Updated May 25, 2011

Obama To Meet With Credit-Card Executives

WASHINGTON -- President Barack Obama will attend a meeting Thursday with executives from top credit card companies as his administration moves to crack down on certain fees and other penalties, a White House spokeswoman said.

When the meeting was announced last week, Mr. Obama was not expected to attend. Instead, Treasury Secretary Timothy Geithner and National Economic Council Director Lawrence Summers were expected to represent the administration's position.

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