Unexpected duo cooperates in the Senate to do something good in one of President Donald Trump's campaign pledges.
I-VT. Senator Bernie Sanders and R-MO. Josh Holy has introduced a new bill on Tuesday to reduce interest rates for 10 % credit card.
“During the campaign, President Trump has promised to limit the credit card interest to 10 %,” said Sanders. “Today, I am proud to introduce the laws of Senator Holy and a bipolard and do it.”
Sanders blamed financial institutions for claiming more than 25 % of the credit cards of “TOR” and “Loan Sucking”.
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The unlikely bipartisan duo proposes a credit card interest rate limit. (Reuters)
“We cannot continue to allow major banks to continue to make great profits of tearing American people. This law is struggling to pay their bills desperately for financial rescue. I will provide him, “said his statement.
This bill calculates the upper limit of 10 %, is effective, and is effective for 5 years.
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In his own statement, Holy states, “Working Americans are driving the recorded credit card debt, but the largest credit card issuer hiking interest rates on a month.” Was stated.
“It's not just wrong, it's exploitation, and it needs to be terminated. As President Trump moved, it is meaningful to end the 10 % credit card interest rate. It is a simple way to provide.

Trump was appointed on January 20. (Getty Image)
Trump talked about the capacity rate at a campaign rally in September.
“We are going to put temporary caps on credit card interest rates while working Americans are catching up,” he said. “We end it with about 10 %. We cannot make 25 % and 30 %.”
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Sanders promised last year to be at the forefront of this law. (Joe Maher/Getty Images for Fane)
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After Trump was selected, Sanders promised to be at the forefront of the law to do it, following Tuesday.
The White House was asked if Trump is still considering this lawsuit and whether he is supporting the bill of the Senator, but does not provide comments to Fox News Digital in time for the public. It was.





