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Hawley, Sanders push for 10 percent cap on credit card interest

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Sens. Josh Hawley (R-Mo.) and Bernie Sanders (I-Vt.) introduced a bill Tuesday seeking to cap credit card interest rates at 10 percent.

“Credit card interest rates are out of control. Rates have DOUBLED in recent years. In 2022 alone, credit cards charged Americans $105 billion in interest,” Hawley wrote in a post on the social platform X.

“Today @BernieSanders........

© The Hill


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