US President Barack Obama said on Thursday that his administration will push for strong and reliable protections for credit card consumers.

People walk past an ATM on a street in Manhattan, New York, the United States, on April 23, 2009. President Obama said on Thursday he will push for a law to provide "strong and reliable" protections for millions of Americans who have credit cards after meeting with chief executives of credit-card leading industry. [Xinhua]

"I think that there has to be strong and reliable protections for consumers," said the president after a meeting with executives of the credit-card industry.

Many US consumers complained the high-fees of credit card companies. The House Wednesday approved a bill that would stop credit card issuers from imposing arbitrary interest rate increases and penalties, while halting certain billing practices.

(Xinhua News Agency April 24, 2009)