New Rule Against "Unfair Practices"

There is a new rule against "unfair practices" at the Office of Thrift Supervision. It will be interesting to see if this actually makes any difference, or is even enforced. Chances are it will only mean that cardholders will be given an "express" reason for the increase in their interest rate that they would not have been given a reason for today. This isn't even supposed to take effect until 2010 and there is plenty of time to undo this with new legislation. Could it be a smoke screen by regulators to make Congress look like they are trying to protect the consumer?