November 4, 2009

Congressman Gregory W. Meeks Votes In Favor of Expedited Card Reform for Consumers Act

Makes Key Investments To Financially Protect U.S. Consumers

(WASHINGTON, DC)– Today, Congressman Gregory W. Meeks voted in favor of the Expedited Card Reform for Consumers Act that will accelerate critical reforms that will protect consumers against harmful practices by credit card companies.

“I believe that Congress has taken a much needed step by passing this legislation today to move up the start date of the Credit CARD Act to protect hard working Americans from being taken advantage of,” stated Congressman Meeks.

 The Expedited CARD Reform for Consumers Act moves up the effective date for the Credit CARD Act, which was enacted earlier this year, from February 22nd to immediately following the President’s signing this bill into law.

“With the passing of this legislation we have instilled the necessary protection for consumers to make informed financial decisions. Our economy is recovering from one of the hardest economic recessions in history and it is important that American families are protected to the greatest extent possible,” stated Congressman Meeks.

Now serving in his sixth full-term, Meeks was elected to the House on February 3, 1998. Representing New York's Sixth Congressional District in the United States House of Representatives, Meeks' district covers all towns of Southeast Queens, Far Rockaway and Howard Beach. He is a member of the House Committee on Financial Services and the Committee on Foreign Affairs.  Congressman Meeks is the Chairman of the International Monetary Policy & Trade Subcommittee of the House Financial Services Committee.  He is a Member of the Congressional Black Caucus (CBC), New Democrats Coalition and the Democratic Leadership Council (DLC).  He serves as the Co-chair of the Malaysia Caucus, Services Caucus, Dialogue Caucus, OAS Caucus and the Middle East Economic Partnership Caucus.

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