Yesterday, President Obama announced that major credit card issuers would face additional regulation in the way they conduct business. Almost all holders of credit cards have seen their interest rates increase, even if they have never missed a payment. Many large banks have increase the interest rates of their best credit card customers to help make up the shortfall from their bad choices in the sub-price lending market and I believe that is wrong after they also took billions of dollars from taxpayers for the same problem. These news rules are not by any means a total solution to the problem, but they are a step in the right direction.