Sanders, Ocasio-Cortez join forces with Loan Shark Prevention Act aimed at consumer-credit abuses

Credit card interest rates would be capped at 15% nationwide under a new federal usury law proposed on Thursday by Sen. Bernie Sanders (I-VT) and Rep. Alexandra Ocasio-Cortez (D-NY). The pair’s Loan Shark Prevention Act draws upon a long tradition, not just in legislative politics but in human moral thought. Most major faith traditions have […]

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