Hawley Slams Capital One-Discover Merger, Renews Fight to Cap Credit Card Interest Rates

Wednesday, February 21, 2024

Today U.S. Senator Josh Hawley (R-Mo.) released the following statements, condemning the recently announced Capital One-Discover merger and calling for the deal to be blocked. Senator Hawley also renewed his push to cap credit card interest rates at 18 percent to provide relief for working Americans.

Last September, Senator Hawley introduced the Capping Credit Card Interest Rates Act to cap credit card interest rates at common sense levels and bring relief to working people across America.