TV News LIES

Sunday, May 29th

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...


Dems vow retribution on House LGBT vote

Dems vow retribution for LGBT voteDemocrats are vowing to target House Republicans in tough reelection races who allegedly switched their votes...

Ryan strikes Puerto Rico debt deal with Obama administration

Puerto Rico debt deal reachedSpeaker Paul Ryan has reached a tentative deal with the Treasury Department on a rescue package...

Chaos in House after GOP votes down LGBT measure

congressThe House floor devolved into chaos and shouting on Thursday as a measure to ensure protections...

Senate confirms first openly gay Army secretary

Eric FanningThe Senate on Tuesday evening confirmed the long-delayed nomination of the first openly gay Army secretary.Eric...
 
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!