So banks don't own the entire place...

The Senate passed the credit card bill of rights today, 90-5. Its a step in the right direction and goes into effect sooner than I thought. A few downsides, though:

The bill doesn't include a hard 15 percent cap on credit card interest rates, as proposed by Bernie Sanders, and it doesn't include a provision that would make it easier for merchants to offer discounts to customers who do not use credit cards