With the folksy charm of a timeshare salesman, Austan Goolsbee of President Obama’s Council of Economic Advisers outlines some of the new credit card rules, which began taking effect Thursday.

There’s plenty to like here, but don’t let Goolsbee’s enthusiasm fool you into thinking America’s plastic loan sharks have lost their bite. — PS

White House:

TRUTHDIG’S JOURNALISM REMAINS CLEAR

The storytellers of chaos tried to manipulate the political and media narrative in 2025, but independent journalism exposed what they tried to hide.

When you read Truthdig, you see through the illusion.

Support Independent Journalism.

SUPPORT TRUTHDIG