Carolyn Maloney actually said...
the Credit Card Bill of Rights, which I authored and worked on for 4 years and which passed this body with strong bipartisan support, the Pew Foundation found that bill alone saved consumers over $10 billion last year by stopping unfair abusive practices, such as raising rates retroactively on balances for no reason at all.
Context
Maloney discusses the impact of the Credit Card Bill of Rights on consumer savings.
09/21/2011