The radical AOC-Sanders team-up
Two of the major faces of the Democratic socialist movement teamed up Thursday to unveil a sweeping legislative proposal that even they described as a "radical" crackdown on financial institutions. Sen. Bernie Sanders, I-Vt., and Rep. Alexandria Ocasio-Cortez, D-N.Y., revealed their plans for legislation that would target the credit card and banking industries by capping interest rates at 15 percent. In a joint announcement that streamed live on Twitter and Facebook, they claimed existing practices target people in financial straits. Fox Business anchor Charles Payne, in an appearance Thursday on "America's Newsroom," said the AOC-Sanders measure has very little chance of passing the Senate.
Two of the major faces of the Democratic socialist movement teamed up Thursday to unveil a sweeping legislative proposal that even they described as a "radical" crackdown on financial institutions. Sen. Bernie Sanders, I-Vt., and Rep. Alexandria Ocasio-Cortez, D-N.Y., revealed their plans for legislation that would target the credit card and banking industries by capping interest rates at 15 percent. In a joint announcement that streamed live on Twitter and Facebook, they claimed existing practices target people in financial straits. Fox Business anchor Charles Payne, in an appearance Thursday on "America's Newsroom," said the AOC-Sanders measure has very little chance of passing the Senate.
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