Bernie Sanders, AOC, and Josh Hawley propose a 10% APR cap on loans, claiming to protect consumers. Critics argue it could eliminate private credit options, pushing borrowers towards high-interest ...

Sen. Dick Durbin’s effort to impose federal price controls on credit cards has not gained traction, while similar state-level ...

Democrat Alexandria Ocasio-Cortez and Republican Anna Paulina Luna teamed up to introduce a bill to limit credit card APRs at 10%.