Senator Dodd introduces bill meant to immediately freeze credit card rates

From the Hill's blog:

Credit card rates would be immediately frozen under new legislation introduced on Monday by Senate Banking Committee Chairman Chris Dodd (D-Conn.).

Dodd will introduce the bill in response to concerns that the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act, enacted earlier this year, has done little to block credit cards from raising interest rates before the remaining provisions of the CARD Act go into effect.

Another reader wrote me the other day to say that his credit card interest rate just got raised to 29% or so, and his credit is spotless. Has anyone else had their interest rate recently raised?