Credit Regulation That Discriminates Against Stay-At-Home Spouses to be Focus of Subcommittee Hearing

◼ The Federal Reserve rule requires lenders to consider individual rather than household income when determining whether someone qualifies for a credit card. Prior to the rule, which was mandated by the 2009 Credit Card Accountability, Responsibility and Disclosure (CARD) Act, stay-at-home spouses could take out credit cards in their own names by citing household incomes. - financialservices.house.gov