Political Quotes

Daniel Akaka: “My legislation, which I will be reintroducing shortly, requires companies to inform consumers how many years and months…”

On the recordFebruary 11, 2009
My legislation, which I will be reintroducing shortly, requires companies to inform consumers how many years and months it will take to repay their entire balance if they make only minimum payments.
Said by
Daniel Akaka
Democratic · Hawaii

Editor's note · Context

Akaka discusses his upcoming legislation aimed at improving credit card transparency.

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More from Daniel Akaka

Dec 18, 2012

When Americans make wise economic decisions and are protected from bad actors, our economy and Nation are stronger for it.

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Dec 18, 2012

That is why I have worked hard during my time in Congress to educate, protect, and empower consumers.

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Nov 28, 2012

I want to say aloha and thank you so much for being here today for the Committee's oversight hearing on Reclaiming Our Image and Identity for the Next Seven Generations.

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Nov 28, 2012

We must also reaffirm and acknowledge the Department of Education's Federal trust responsibility for American Indian and Alaska Native students.

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