Carolyn Maloney - Criticism

Criticism

When Maloney proposed her Credit Card Holders Bill of Rights, she was widely criticized by Credit Card Issuers. Among the many claims that were leveled against the bill: "credit cards would be more difficult to get, limits would be lower, and interest rates would be higher for everyone." However a study by the Pew Foundation two years after the bills passage found that: "Credit card holders are seeing stabilized interest rates, the elimination of overlimit penalty charges, a reduction in late fees charged by banks and minimal changes in annual fees since the Credit CARD Act of 2009 took effect."

On July 20, 2009, Maloney apologized after using the word "nigger" in repeating a critical comment made by a third party about Senator Kirsten Gillibrand. Maloney was quoted by the City Hall News:

I got a call from someone from Puerto Rico, said Gillibrand went to Puerto Rico and came out for English-only (education). And he said, 'it was like saying nigger to a Puerto Rican'.

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