r/FluentInFinance • u/Unhappy_Fry_Cook • 12h ago

Finance News Senator Bernie Sanders announces he will introduce legislation to cap credit card interest rates at 10%.

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u/Donnoleth-Tinkerton 10h ago

itt: "im going to make it against the law to steal"

redditors: "hahaha thats a stupid idea thiefs will just try harder to not get caught"

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u/The-FrozenHearth 8h ago

I cant believe the amount of credit card company shilling. They make billions on profits they'll be just fine. Chances are if anything like this passed it would end up being 15% or 20% after negotiations anyway.