TV News LIES

Friday, Dec 19th

Last update01:19:08 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...


Senate Confirms Vivek Murthy As Surgeon General Over NRA Opposition

Vivek MurthyIn a rare show of defiance of the National Rifle Association, the Senate on Monday confirmed...

House votes to avoid govt shutdown, passes $1 trillion spending bill

House of RepresentativesThe House of Representatives voted to pass a massive spending bill that will keep the government...

Senate Passes $1.1 Trillion Spending Bill

Senate passes spending billThe Senate passed a $1.1 trillion spending package Saturday night on a 56-40 bipartisan vote, after...

Congressional staffers walk out over Brown, Garner decisions

Congressional staffers walk out over Brown, Garner decisionsCongressional staff members staged a walkout Thursday in protest of the recent killings of black men...
 
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!