Credit cards can charge nearly $100 processing, activation fees for opening an account for subprime borrowers. But financial protection board is backing away from push to regulate the initial credit card fees.
For Republicans, the danger in disavowing the so-called Buffett rule, a tax hike on millionaires, is that Democrats can paint them as the party that protects the rich. But they believe they can prevail with voters by fighting it. Here's why.