TV News LIES

Sunday, Dec 11th

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...


No Government Shutdown: Senate Passes Funding Bill After Democrats Back Down

TilllingsonSenate Democrats dropped their objections Friday night to a short-term-funding bill to keep the government running,...

Congress allows rule permitting mass hacking by government to take effect

Ron WydenIn a defeat for privacy advocates, Senate leaders rebuffed a last-ditch effort by a bipartisan group...

The House Science Committee is spreading ‘fake news, bad science, and basically, crap’

House Science Committee liesIn the era of fake news, it is downright cringe-worthy when an ostensibly reliable source — a House...

Congressman's grandson fatally shot over shoes

Rep. Danny DavisChicago police say a dispute over basketball shoes led to the fatal shooting of the grandson...
 
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!