This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Banks pay affinity groups for card signups in political drive
A Senate Banking Committee hearing reviewed plans by Republicans and Democrats to pay affinity groups for each member who signs up for a credit card. The GOP would collect 2.50 dollars per approved card, while Democrats seek one half of one percent of card spend. Critics warned of ethics and legal issues, potential inflation impact, and conflicts of interest. Both parties seek FEC guidance before proceeding, with further action contemplated in Congress or courts.
MENTIONED IN THIS ARTICLE
Washington
UPI
American Automobile Association
Senate Banking Committee
Bill Brock
GOP
Manufacturers Hanover Trust Co
New York
William Proxmire
D-Wis
Carter
Edward Shelton
First Data Resources
Proxmire
Jimmy Carter
Federal Election Commission
Brock
Congress