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May 22, 2009
Credit card reform: priceless. Photos from the Rose Garden.

President Obama speaks before signing the Credit CARD Act at today's Rose Garden bill signing ceremony. The president thanked the chief sponsors, Rep. Carolyn Maloney (D-NY) and Senator Chris Dodd (D-CT), who were backed in this effort (from left) by Sens. Chuck Schumer (D-NY), Harry Reid (D-NV) and Richard Shelby (R-AL). Here's some video and a statement from Senator Dodd. More video and the transcript from the White House blog. He also thanked the assembled consumer advocates. It was a great event from our front row seats. In the bottom photo, waiting for the president (it was a little hot), are some of the people who worked tirelessly for reform, some for many years-- from right, Travis Plunkett of the Consumer Federation of America, Tamara Draut and Caleb Gibson of Demos, Eleni Constantine of Rep. Maloney's Joint Economic Committee staff and Nick Bourke of the Pew Trusts. Over the weekend, we'll do some more analysis of the new law, known as the Credit Card Accountability, Responsibility and Disclosure (CARD) Act, including review of some of its little-known sections. Larry Ausubel has also posted some great shots on his home page. That's me, with Travis Plunkett, in the bottom shot on Larry's page. I've posted some more photos after the jump.

Posted by Ed Mierzwinski at May 22, 2009 05:38 PM
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