3 days ago · The Sanders-Hawley bill would immediately cap credit card interest rates at 10 percent. The legislation would be in effect for five years. This bipartisan bill comes after a recent Forbes report found that the average credit card interest rate is 28.6%, even though banks are able to borrow money from the Federal Reserve at less than 4.5%.

2 days ago · Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card interest rates at 10%. Credit card interest rates refer to the fee a card ...

2 days ago · The average credit card interest rate is over 20%, according to data from Bankrate. Sanders and Hawley’s bill comes after President Donald Trump vowed in the 2024 race to temporarily cap credit ...

3 days ago · The Sanders-Hawley bill would immediately cap credit card interest rates at 10 percent. The legislation would be in effect for five years. This bipartisan bill comes after a recent Forbes report found that the average credit card interest rate is 28.6%, even though banks are able to borrow money from the Federal Reserve at less than 4.5%.

3 days ago · The Sanders-Hawley bill comes after a recent Forbes report found that the average credit card interest rate is 28.6%, despite banks’ ability to borrow money from the Federal Reserve at less than 4.5%. Exorbitant interest rates and sky-high fees have allowed credit card companies to make enormous profits, supplying their executives with ...

3 days ago · Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates. By Rob Copeland Finance reporter Two senators plan to introduce a bill on Tuesday to ...

3 days ago · Sens. Josh Hawley (R-Mo.) and Bernie Sanders (I-Vt.) introduced a bill on Tuesday seeking to cap credit card interest rates at 10 percent. “Credit card interest rates are out of control. Rates ...

May 9, 2019 · Democrats Bernie Sanders and Alexandria Ocasio-Cortez introduced on Thursday a plan to rein in the profit banks can collect from consumers, proposing to cap credit card interest rates at 15%.

Senators Bernie Sanders and Josh Hawley introduced new legislation that would cap interest rates on credit cards at 10% to fulfill one of President Trump's campaign promises.

3 days ago · Senator Bernie Sanders, I-Vt. and Senator Josh Hawley, R-Mo. have introduced a bill to cap credit card interest rates at 10%. It’s a plan President Trump first announced on the campaign trail.