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



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.


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

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Nov 24, 2015
This photo made from the footage taken from Russian Defense Ministry official web site Monday, Nov. 23, 2015 shows fuel tanks  hit during the attack of Russian warplanes in Syria. Russian warplanes on Monday attacked oil extraction, transport and refinement facilities in areas controlled by Islamic State militants. (AP Photo/Russian Defense Ministry Press Service)

ISIS, Inc. The terrorist organization is raking in billions –from oil, grain, antiquities, and taxes. We look at how to break the ISIS bank. Plus, Turkey downs a Russian plane. We’ll have the latest.

Nov 24, 2015
An archival image of a McKinley - Hobart Presidential Campaign Poster from 1896. (Public Domain / WikiCommons)

Republican political strategist Karl Rove is thinking about the McKinley 1896 campaign and the GOP field right now. Karl Rove is with us.

Nov 23, 2015
(Clockwise From Top Left) Filmmaker Lindsay Catherine Harris, Ko Smith, Kailya Warren and Bryant Koger in still images from Harris' "Evoking the Mulatto" multimedia project. (Courtesy the Filmmaker)

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In this file photo released May 14, 2015 by a militant website, which has been verified and is consistent with other AP reporting, a member of the Islamic State group's vice police known as "Hisba," right, reads a verdict handed down by an Islamic court sentencing many they accused of adultery to lashing, in Raqqa City, Syria. (AP)

New York Times columnist Roger Cohen says the US needs to step up in the fight against ISIS. But there’s a caution flag, too. We’ll dive in.

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