Ocasio-Cortez Introduces Bipartisan Bill to Cap Credit Card Interest Rates at 10%
Rep. Alexandria Ocasio-Cortez (NY-14), a Democrat, and Rep. Anna Paulina Luna (FL-13), a Republican representing Florida, introduced legislation that would immediately cap credit card interest rates at 10%. U.S. Senators Bernie Sanders (I-VT), an independent representing Vermont, and Josh Hawley (R-MO), a Republican representing Missouri, introduced companion legislation last month in the Senate.