Senator Bernie Sanders has expressed support for working with former President Donald Trump to cap credit card interest rates at 10%.
Highlighting bipartisan potential, Sanders called out excessive rates charged by banks as “usury,” a stance aligning with Trump’s prior pledge to curb financial exploitation. Per Newsweek, the average credit card interest rate now exceeds 21%, worsening consumer debt.

While Sanders has previously pushed for a 15% cap, Trump’s proposal at 10% underscores shared priorities in tackling predatory lending.
Critics warn that strict caps could tighten credit access, but both leaders see opportunity for meaningful reform. According to Yahoo Finance, bipartisan action could drive significant changes for American consumers.

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