Jones on stage with Obama

U.S. Rep. Walter Jones stood on stage behind President Barack Obama today as the president signed a sweeping credit card reform act into law.

Jones, of Farmville, was a co-sponsor of the reform bill and the only Republican House member to have a seat on the stage at this afternoon’s White House ceremony, Barb Barrett reports.

He won re-election to his 8th term last year after a tough GOP primary battle in which some Republicans said Jones wasn’t conservative enough on some issues.

Among those in the audience were Democratic Reps. Brad Miller of Raleigh and David Price of Chapel Hill. Miller also co-sponsored the bill.

And Price inserted a key disclosure requirement in the bill that forces credit card companies to tell borrowers how much it would cost them to make just minimum payments on their debts.