Sen. Josh Hawley (R-Mo.) filed an amendment to the GENIUS Act to cap credit card interest rates, according to three people familiar with the decision. Hawley and Sen. Bernie Sanders (I-Vt.) introduced a bill to cap card rates at 10% in February.
The amendment process around the GENIUS Act is shaping up to be uniquely painful for the banking industry. Sen. Roger Marshall (R-Kan.) filed an amendment to include the Credit Card Competition Act Tuesday night.
Presented by PCMA
Thanks to Big Pharma’s egregious prices, Americans are paying the highest prescription drug prices in the world.
Their shell game blaming others is designed to keep Americans stuck with high prices.
Presented by PCMA
Thanks to Big Pharma’s egregious prices, Americans are paying the highest prescription drug prices in the world.
Their shell game blaming others is designed to keep Americans stuck with high prices.
