I think what my colleagues have said is that despite the first step by the Federal Reserve, we have to be very, very sensitive to the capacity and willingness of the Federal Reserve to actually protect consumers when it comes to credit cards.
Reed emphasizes the need for consumer protection in credit card practices.
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America has the strongest, most capable military in the world. But firing uniformed leaders as a type of political loyalty test... erodes the trust and professionalism that our servicemembers require to achieve their missions.
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