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Credit Card Interest Cap Bill Sparks Division: More Debanking or Relief?

The bipartisan credit card interest CAP bill has sparked considerable debate over whether the bill would amount to “cutting off steroids” or provide “meaning relief to workers.” Tuesday, Senators Josh Hawley (R-MO) and Bernie Sanders (I-VT) It was introduced A law that limits credit card interest rates to 10% over five years. This follows a […]

Callous hit-and-run U-Haul driver arrested months after killing pedestrian left a trove of stolen credit cards behind: prosecutors

The heartless hit-and-run U-Haul driver, accused of fatally plowing a pedestrian near Queen's College this week, was arrested this week. Jamie Ferreira, 37, was arrested Tuesday and charged with manslaughter, assault, robbery and other crimes due to the crash on August 20th, when 56-year-old pedestrian David Opiera died. Ta. According to Queens District Attorney Melinda […]

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

Josh Holy (R-MO) and Bernie Sanders (I-VT) have introduced a bill on Tuesday to reduce credit card interest rates to a 10 % limit. “Credit card interest rates are incapacitated. In recent years, the price has doubled. Even in 2022, credit cards have claimed $ 100 billion of Americans,” Holy wrote in the post. Social […]