AOC and Luna Propose Bipartisan Cap on Credit Card..

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AOC and Luna Propose Bipartisan Cap on Credit Card Rates:
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Congresswomen Alexandria Ocasio-Cortez (D-NY) and Anna Paulina Luna (R-FL) have jointly introduced legislation aimed at capping credit card interest rates at 10%. This bipartisan initiative, also supported by Senators Bernie Sanders (I-VT) and Josh Hawley (R-MO) in the Senate, seeks to address what they describe as predatory practices by credit card companies. The proposal has sparked debate over its potential effects on credit availability and economic implications