Kamala Harris proposes suspension of credit card interest, fees, penalties

by Jeff Sovern

Here in Medium. This is different from Norm Silber's and my proposal in The American Prospect to have the government pick up some of the interest payments. I'm not sure from the piece whether Harris is urging credit card issuers to do this voluntarily or is calling for legislation. If the latter, I wonder if such a law would be constitutional.

Leave a Reply

Your email address will not be published. Required fields are marked *