Part 4/8:

On the progressive front, Senator Bernie Sanders has also expressed his commitment to this initiative, urging cooperation with Trump's administration and pushing back against what he sees as exploitative practices by large banks. Sanders' advocacy underscores a long-standing critique of usury— charging exorbitantly high-interest rates that he argues disproportionately harm American consumers.

During the Senate hearing, Hawley aggressively questioned credit card executives about their lack of transparency concerning interest rates, exposing a level of disconnection between these executives and the realities faced by average consumers. The hearing illustrated the stark contrast between the corporate ethos of credit card companies and the financial struggles of many Americans.