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Sanders Credit Card Usury Rate Defeated

By Pat Bradley

http://stream.publicbroadcasting.net/production/mp3/wamc/local-wamc-837387.mp3

Washington, DC – An amendment that would cap credit card interest rates was defeated on Wednesday. The amendment to the Senate bill, offered by Vermont Senator Bernie Sanders, would have capped such rates at 15-percent. WAMC North Country Bureau Chief Pat Bradley has more.