Whitehouse, Reed introduce bill to allow states to cap credit card rates for residents

PROVIDENCE – Democratic R.I. Sens. Sheldon Whitehouse and Jack Reed have introduced legislation that would restore states’ ability to limit consumer loan and credit card interest rates for residents. “Americans carried a combined $420.22 billion in credit card debt in late 2018,” co-sponsor Sen. Elizabeth Warren, D-Mass., said in a statement. States were able to

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