matt schultz, when he get more on your take on these ideas, but is here from senator sanders on his proposal. atright now, you are looking a median of the card interest rate of over 21%. that means half of the american people make more than that. if you are earning $10 and arrow , you will be paying 25% interest rates. you go to macy's or kohl's, and a large department store and they say, get our credit card. you get their credit card. what you don't know is that you will be paying like 27% on those. 27%. how much to the banks borrow money? they borrow money from the fed they chargethen people 18-20-20 5% interest. the poor you are, the more desperate you are, the higher the interest rates are. sanderswas senator joined by representative oppressive cortez for that commentary. he put it in strong figures. 2.5% to borrow, then lending it out much higher. what does the baking industry think of this proposal? the banking industry is not a big fan of it. there is a lot of speculation cap were to 15% come into play, you would see an extreme tightening of credit, almost immediately. the thought is

and we will discuss credit card interest rate at 15% with matt schultz. be sure to watch "washington journal" live at 7:00 eastern on monday morning. join the discussion. highlightsnoon of from some of the key capitol hill hearings last week starts shortly. first, lawmakers hear testimony from olympian allison felix on the rising rate of women dying during pregnancy and childbirth. a hearing on the boeing 737 max problems. with national transportation safety board chair robert stumbled and the faa acting administrator dan elwell. then the senate judiciary committee looks at 5g wireless technology and u.s. security concerns. following that, a hearing on human rights and journalism. that is a picture in rollcall of allison felix, the most decorated female track and field star in american history. as the story says, she was on capitol hill this week, not to discuss the 2020 olympics in tokyo, but to speak about the rising maternal mortality rate in the u.s. we begin this part of the house ways and means committee hearing with the six time olympic gold medali