Source: The Daily Economy
by Thomas Savidge
“Last December, I wrote about Senators Hawley and Sanders’[s] call to cap credit card interest rates at 10 percent. This cause was recently taken up by Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna in the House of Representatives, reminding Americans that even President Trump pitched this idea on the 2024 campaign trail. Their stated goal is to help the growing population of Americans struggling to make credit card payments. No matter which party or branch of government pitches this idea, the result will be the same: hard-working Americans will lose access to credit. Good intentions do not guarantee good outcomes.” (03/19/25)
https://thedailyeconomy.org/article/congress-continues-push-to-restrict-credit-access/