Bernie Sanders Calls Trump's 10% Interest Rate Cap On Credit Card Debt A 'Great Idea' As Defaults Surge To Highest Levels Since 2008

Benzinga 2024-12-31

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Sen. Bernie Sanders (I-Vt.) announced plans to introduce legislation supporting President-elect Donald Trumpā€˜s proposal to cap credit card interest rates at 10%, as credit card defaults reach their highest levels since the 2008 financial crisis.

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