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SENATE 381119th CongressReferred to the Committee on the Judiciary. (text: CR S6472)

A resolution to designate September 9, 2025, as "National World War II Italian Campaign Remembrance Day", and to recognize the sacrifices made by American and Allied soldiers who liberated Italy from German occupation during World War II.

Last Action
9/9/2025

Actions

  • 2025-02-04Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2025-02-04Introduced in Senate

CRS Summary

As of 2025-02-04 (00)

10 Percent Credit Card Interest Rate Cap Act 

This bill temporarily caps credit card interest rates at 10%.

Creditors that knowingly violate this bill forfeit the entire interest of the debt. The bill also provides a private right of action for debtors to recover interest, finance charges, or fees. The action must be brought within two years of the violation. In addition, violations of this bill are subject to civil liability under the Truth in Lending Act, which is enforced by the Consumer Financial Protection Bureau and the Federal Trade Commission. 

These changes sunset on January 1, 2031. 

Cosponsors (3)

  • Josh Hawley (R-MO)
  • Jeff Merkley (D-OR)
  • Kirsten Gillibrand (D-NY)
Read on Congress.gov

Sourced from Congress.gov (public domain).

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