Sanders and Ocasio-Cortez, introduced a bill on limiting interest rates on loans in the range of 15%
The presidential candidate of the Democratic party, Bernie Sanders and Congresswoman from the Bronx Alexandria Ocasio-Cortez accused the banks that they are acting as «modern shark loans» and urged Congress to impose a Federal limit of 15% on interest rates on credit cards. Two socialists intend to propose a bill limiting rates on credit cards and other consumer loans, and allowing post offices to offer low-cost basic financial services such…