PLEDGE NOW
Credit Card Rate Rises; More on Real Estate, Elizabeth Warren

Credit card rates are at new highs. We look at what’s up with banks and plastic — and more.

AP Photo

 Interest rates in America are at stunning lows. Interest rates on American credit cards are suddenly at nine-year highs. 

Just when Americans are trying to get off “plastic” and out from under credit card debt. And just when new consumer protections have just come fully into effect. This hour, we ask why. 

Plus, we look at the near-collapse in American home sales, even as mortgage rates hit all-time lows.

And we look at the endgame maneuvering over who will head the new Consumer Protection Agency. 

-Tom Ashbrook

 

Guests:

Alexis Leondis, reporter for Bloomberg.

Nessa Feddis, vice president and senior counsel for the American Bankers Association, which represents the majority of credit card companies.

Ed Mierzwinski, U.S. PIRG, a consumer advocacy organization.

Diana Olick, real estate correspondent for CNBC.

Jake Tapper, senior White House correspondent for ABC News.

More:

Here’s the YouTube video supporting Elizabeth Warren that has gone viral:

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Apr 29, 2016
Republican presidential candidate Sen. Ted Cruz, R-Texas, joined by former Hewlett-Packard CEO Carly Fiorina waves during a rally in Indianapolis, Wednesday, April 27, 2016, when Cruz announced he has tapped Fiorina to serve as his running mate. (AP Photo/Michael Conroy)

Trump and Hillary wins. Bernie lays off. Cruz chooses Carly. Beyonce drops “Lemonade.” Our weekly news roundtable goes beyond the headlines.

Apr 29, 2016
Screengrab from the #MorethanMean video produced by Sarah Spain and Julie Dicaro. Scroll down to view the video.

Women pushing back. A video by two female sports reporters about online harassment goes viral.

RECENT
SHOWS
Apr 28, 2016
Detail of the National Debt Clock, a billboard-size digital display showing the increasing US debt, on Sixth Avenue August 1, 2011 in New York.  US Vice President Joe Biden said Monday he was confident that Congress would approve a major austerity plan to avoid a debt default as he met with skeptical members of his Democratic Party.AFP PHOTO/Stan HONDA (Photo credit should read STAN HONDA/AFP/Getty Images)

Beyond the campaign sound and fury, how do we really solve our biggest national problems? One smart citizen thinker weighs in- with you.

 
Apr 28, 2016
Democratic presidential candidate Hillary Clinton speaks during a Women for Hillary event in New York, Monday, April 18, 2016. (AP Photo/Seth Wenig)

Hillary Clinton and the women’s vote. How it’s broken against Bernie Sanders. How it might play out against Donald Trump.

On Point Blog
On Point Blog
‘Embedded’: How Violent Gangs Are Terrorizing El Salvador
Thursday, Apr 14, 2016

NPR’s Kelly McEvers on her reporting in El Salvador for the podcast Embedded, and how gang killings brought San Salvador’s bus service to a halt.

More »
Comment
 
That Cheap Dress On Facebook? It Isn't Worth It
Monday, Apr 11, 2016

Know those shockingly cheap clothes you see advertised on Facebook? There’s a catch.

More »
Comment
 
The Boston Globe Imagines — And Rejects — A President Trump Front Page
Monday, Apr 11, 2016

The Boston Globe editorial page imagines — and rejects — President Donald Trump.

More »
Comment