A new bill to cap credit card interest rates at 10% could erase card rewards for consumers, financial experts told the Washington Examiner.

They want a 10% cap on credit-card rates that would mean less credit.

WASHINGTON - Sens. Bernie Sanders, I-Vt., and Josh Hawley, R-Mo., introduced a bill on Tuesday that would cap credit card interest rates at 10% − an effort by two lawmakers who rarely see eye to ...

Sens. Josh Hawley, R-Mo., and Bernie Sanders, I-Vt., introduced legislation that would cap credit interest rates at 10% immediately upon the bill's enactment into law. The cap would then remain ...

WASHINGTON, DC - DECEMBER 20: Sen. Josh Hawley (R-MO) (L) and Sen. Bernie Sanders (I-VT) head for ... [+] the Senate Chamber for a procedural vote on the bipartisan federal omnibus spending ...

It’s a good question, and it’s one that Senators Bernie Sanders and Josh Hawley perhaps haven’t contemplated. They’re presently working together on legislation that would cap interest ...

Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card interest rates at 10% this past Tuesday. The legislation would be in ...