Representative Patrick Kennedy has not endorsed anyone in the race to succeed his late father, Edward Kennedy, in the U.S. Senate. But with just days to go before the Democratic primary for the seat, a joint appearance with one of the contenders - Congressman Michael Capuano. From Kennedy's office:
Pawtucket, RI – On Tuesday, December 1, 2009, Congressman Patrick Kennedy (D-RI) will join Congressman Michael Capuano (D-MA) to discuss the need for greater consumer protection from ruthless credit card companies. They will announce the introduction of critical consumer protection legislation that will cap credit card interest rates at sixteen percent. The bill, which will be introduced by Congressman John Tierney (D-MA), comes in response to the exploitation of consumers by credit card companies in raising interest rates to over thirty percent ahead of the effective date implementing consumer protections passed by Congress earlier this year. Kennedy and Capuano are original co-sponsors of this legislation, introduced prior to the broad reform and regulation of the financial sector that Congress is expected to consider in mid-December.