Bernie Sanders, AOC Team Up to Cap Credit Card Interest Rate at 15 Percent


May 13, 2019 - 2:08
Bernie Sanders, AOC Team Up to Cap Credit Card Interest Rate at 15 Percent

[caption id="attachment_75848" align="aligncenter" width="900"] Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez at Solving Our Climate Crisis: A National Town Hall (US Senator Bernie Sanders, Facebook)[/caption] Senator Bernie Sanders (I-Vt.) and Congresswoman Alexandria Ocasio-Cortez (D-N.Y.) banded together on May 9 to unveil a new bill that would cap credit card interest rates at 15 percent. The Loan Shark Prevention Act would “combat the predatory lending practices of America’s big banks”...

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