For too long American consumers haven't had many of the protections they need and deserve. And some of the biggest problems have been in the credit card industry.

But today -- thanks to the extraordinary efforts of your senator, Chris Dodd -- I signed a bill that restores a sense of fairness and transparency to the credit card industry.

As Chairman of the Senate Banking Committee, Senator Dodd was the driving force behind this bill. He's the one who built the bipartisan coalition that passed this crucial reform by a huge margin -- 90 to 5.

Will you take a moment and join me in thanking Senator Dodd for his outstanding work on behalf of families in Connecticut and across the country?

The new legislation does exactly that: it provides strong, reliable protections for consumers and stops lenders from blindsiding ordinary people with unfair rate hikes and confusing fine print.

Millions of American families have already been struggling since the financial downturn last year. They cannot afford to worry about crippling penalties or "any time, any reason" interest rate hikes.

Now they don't have to.

Please join me in thanking Senator Dodd for his exceptional service:

http://ct.barackobama.com/ThankDodd

Thank you,

President Barack Obama

This email was sent to: jramsayjust@gmail.com