The views expressed by contributors are their own and not the view of The Hill

VIDEO: Obama calls for stronger credit card protections

While the economy is beginning to show signs of recovery, it won’t have fully recovered until greater consumer protections are put in place, President Obama said in the weekly radio address.

Obama called for the Senate to pass a bill to strengthen consumer protections on credit cards.

“Because American institutions must act with the same sense of responsibility and fairness that the American people aspire to in their own lives,” the president said. “Nowhere is this more apparent than in our credit card industry.”

Watch a video of the address below:

Tags 111th United States Congress Barack Obama Card Credit card Credit CARD Act Illinois Obama Person Career Presidency of Barack Obama Quotation United States United States federal banking legislation

Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.