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Senators Sanders and Hawley Propose Legislation Capping Credit Card Interest Rates

Troutman Pepper Locke on 2/5/2025

On February 4, Senators Bernie Sanders (I-Vt.) and Josh Hawley (R-Mo.) introduced bipartisan legislation aimed at immediately capping credit card interest rates at 10% for a period of five years. This initiative follows a...more

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Interest Rates › Federal Trade Commission (FTC) › Debt Collection

Senators Sanders and Hawley Propose Legislation Capping Credit Card Interest Rates

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