Josh Hawley Wants to Cap Credit Card Interest Rates at 18% - Here’s Why
website, Explains utilizing established public TV stations to voting on local issues. See This Video -
HERE IS THE LINK TO A MUST SEE VIDEO!! -
Josh Hawley is a Republican senator from Missouri who has been a vocal critic of the Biden administration, Big Tech, China, and the federal government.
- He introduced the Capping Credit Card Interest Rates Act on September 12, 2023, which aims to limit the annual percentage rate (APR) for credit cards at 18%¹. He said that this bill would bring relief to working people across America who are being crushed by record credit card debt and soaring interest rates.
- He argued that the government was quick to bail out the banks in the spring of 2023, but has ignored the plight of working people who are struggling to get ahead. He also accused the credit card companies of imposing new fees and penalties to evade the
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