TV News LIES

Sunday, Mar 26th

Last update05:20:13 AM GMT

You are here News Congress Senate Rejects Limit on Credit-Card Interest Rates

Senate Rejects Limit on Credit-Card Interest Rates

E-mail Print PDF

Despite complaints that banks and credit card companies are gouging customers by charging outrageous interest rates, the Senate on Wednesday easily turned back an effort to cap interest rates at 15 percent.

The effort by Senator Bernie Sanders, the Vermont independent, drew only 33 votes and needed 60, with a bipartisan group of 60 senators opposing it as the Senate pushed its credit card overhaul toward the finish line. Some Democrats and consumer groups have said that an interest cap is needed to put real teeth into an otherwise solid bill.

More...


Most Recent Related Stories...


Devin Nunes Vanished the Night Before He Made Trump Surveillance Claims

Devin Nunes midnight runHours before the chairman of the House Intelligence Committee announced his shocking claims about surveillance of...

GOP Rep. Hunter under criminal campaign finance investigation

Rep. Hunter being invetigatedThe Justice Department is investigating Rep. Duncan Hunter (R-Calif.), the House Ethics Committee revealed in a...

Intel Dem blasts decision to cancel public hearing

Adam SchiffThe ranking member of the House Intelligence Committee on Friday denounced the cancellation of an open...

Thursday vote on health care bill canceled

Mark MeadowsPresident Donald Trump and conservative House Freedom Caucus members failed to strike a deal on the...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!