"When large financial institutions charge over 25% interest on credit cards, they are not engaged in the business of making credit available," said Sen. Bernie Sanders. "They are engaged in extortion and loan sharking."
During Trump’s first term in the White House, Sanders and Rep. Alexandria Ocasio-Cortez (D-N.Y.) introduced legislation that would have capped credit card interest rates at 15%.
Just nine Democrats in the House and one in the Senate co-sponsored the bill, which received zero Republican support.
probably not. the very tail end of the article: