Government is putting restrictions on entire loan industry which includes credit cards as well. These restrictions are mainly about how these companies can charge the customer and how not. That in turn makes economy slow down because lot of people used to be dependent upon credit in order to pay their monthly bills.

Congress lately has been looking at Obama administration’s decision to increase the powers of Fed as a financial regulator. Before it gives a clean chit to Fed, the Congress should examine the links between Fed and Goldman Sachs