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Marc Ambinder

Marc Ambinder - Marc Ambinder is the White House correspondent for National Journal and a contributing editor at The Atlantic. More

Marc Ambinder is the White House correspondent for National Journal. He previously served as the politics editor, and is now a contributing editor, for The Atlantic, where he curated the influential Politics channel on TheAtlantic.com and contributed to the magazine. He was also a chief political consultant to CBS News. Earlier, at NJ's Hotline, Ambinder was the founding editor of "Hotline On Call," a pathbreaking political news blog. He also worked as a producer and reporter for the ABC News Political Unit and was one of the founders of ABC's "The Note." Born in New York City, raised in Central Florida, Ambinder is a 2001 graduate of Harvard and lives in Washington, D.C.

Over/Under: Obama Will Get GOP Votes On Credit Card

By Marc Ambinder
Apr 23 2009, 2:41 PM ET Comment

Here's what Obama wants from Congress on credit card reform:

   Strong and reliable protections for consumers - protections that ban unfair rate increases and forbid abusive fees and penalties. 
        All the forms and statements that credit card companies send out have to have plain language that is in plain sight.  No more fine print, no more confusing terms and conditions. 
        Requirement that all firms make their contract terms easily accessible and provide consumers with the information they need to go online and do some comparison shopping.  It also means requiring firms to offer at least one simple, straightforward credit card that offers the strongest protections along with the simplest terms and prices. 
        Increased accountability in the system, so that we can hold those responsible who do engage in deceptive practices that hurt families and consumers.  This will require beefing up monitoring and enforcement, and also penalties for any violations of the law.

I think there's a good chance he gets a number of Republican votes on whatever bill emerges from Congress.



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Marc Ambinder
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