Dem mayor dismisses new video of fatal Minneapolis ICE shooting of Renee Good
Democratic Minneapolis Mayor Jacob Frey shrugged off the newly surfaced cellphone video Friday taken by a federal agent of the shooting that killed 37-year-old Renee Nicole Good.
Alpha News was the first to obtain the video showing a tense exchange between the U.S. Immigration and Customs Enforcement (ICE) agent and Good, who was shot and killed while behind the wheel of her car he was standing in front of it. The video also shows Good’s wife, who is seen taunting the agent from outside the vehicle.
In a report that aired Friday on ABC’s “World News Tonight,” Frey was shown the video by correspondent Whit Johnson but appeared not to be swayed by it.
“He walked away with a hop in his step from the incident. There’s another person that’s dead. He held on his cell phone. I think that speaks for itself,” Frey reacted.
VANCE DOUBLES DOWN ON ‘DISGUSTING’ PRESS AS NEW FOOTAGE FROM ICE SHOOTING SURFACES, ACCUSES OUTLETS OF ‘LYING’
“Does that video, that angle change your perspective at all about what may have happened?” Johnson asked.
“I think an investigation could change or affirm my perspective,” Frey responded. “But we’ve [all got] two eyes, and I can see a person that is trying to leave. I can see an ICE agent that was not run over by a car. That didn’t happen.”
RENEE NICOLE GOOD PART OF ‘ICE WATCH’ GROUP, DHS SOURCES SAY
Frey rushed to reject the Trump administration’s claim that the ICE agent acted in self-defense Wednesday, calling it “bulls—” and demanding ICE “get the f— out of Minneapolis.”
The shooting has divided the country along partisan lines, with the Trump administration accusing Good of attempting to ram her vehicle into the ICE agent and critics saying she was trying to turn her vehicle away and that the ICE agent used excessive force.
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The new footage shows the ICE agent approaching the vehicle with Good telling him, “That’s fine, dude. I’m not mad.”
Her wife, seen approaching the agent, taunted him, “You want to come at us? I say go get yourself some lunch, big boy. Go ahead.”
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Another agent is heard repeatedly telling Good to get out of the car. As her wife attempts to get into the passenger door, Good backs up her vehicle with her wife telling her, “Drive, baby. Drive.”
As the car moves forward, the agent says “Whoa” as his cellphone shakes before shots ring out. Someone is heard saying, “F—ing b—-” as the car veers away before crashing into a parked vehicle, which is only heard in the footage.
Indiana stuns sports world with a chance to do something no team has done in 100 years
The 2025 Indiana Hoosiers became the fifth team in modern college football history to go 15-0. Now they can become the first team of the modern era to ever go 16-0, and only the second of all-time, joining an 1894 Yale team that played with leather helmets.
With a merciless 56-22 thumping of Oregon in the Peach Bowl, the Hoosiers punched their ticket to their first national championship game appearance in program history.
Head coach Curt Cignetti has left the college football world breathless with a dramatic turnaround of the Hoosiers program, going from one of the losingest teams in the Big 10 to potentially the most dominant single-season of all time.
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Many prominent sports figures took to social media to express their amazement of Indiana’s unprecedented dominance during and after their win over Oregon. Indiana Gov. Mike Braun also chimed in.
Indiana’s Heisman Trophy-winning quarterback Fernando Mendoza threw five touchdown passes, improving his case to be the top pick in the upcoming NFL Draft.
Kaelon Black ran for two touchdowns to lead the Indiana running game.
INDIANA WINS FIRST OUTRIGHT BIG 10 FOOTBALL TITLE SINCE 1945 AFTER OHIO STATE FLUBS SHORT FIELD GOAL TRY
Oregon (13-2, No. 5 CFP) was doomed by the three first-half turnovers while also being short-handed by the absence of two of their top running backs.
Indiana’s defense didn’t wait long to make an impact. On Oregon’s first snap, cornerback D’Angelo Ponds intercepted Moore’s pass intended for Malik Benson and returned the pick 25 yards for a touchdown. Only 11 seconds into the game, the Hoosiers and their defense already had made a statement this would be a long night for Moore and the Oregon offense.
Moore’s 19-yard scoring pass to tight end Jamari Johnson tied the game. The remainder of the half belonged to Indiana and its big-play defense.
After Mendoza’s 8-yard touchdown pass to Omar Cooper Jr. gave the Hoosiers the lead for good at 14-7, Indiana’s defense forced a turnover when Moore fumbled and Indiana recovered at the Oregon 3, setting up Black’s scoring run.
Moore lost a second fumble later in the second quarter when hit by Daniel Ndukwe and Mario Landino recovered at the Oregon 21. Mendoza’s first scoring pass to Sarratt gave the Hoosiers’ the 35-7 lead.
Indiana extended its lead to 42-7 on Mendoza’s 13-yard scoring pass to E.J. Williams Jr.
Oregon finally answered. A 70-yard run by Hill set up a 2-yard scoring run by Harris.
The Hoosiers led 35-7 at halftime as the Ducks were held to nine rushing yards on 17 carries. Noah Whittington, who leads Oregon with 829 rushing yards, was held out with an undisclosed injury after Jordon Davison, who had rushed for 667 yards and 15 touchdowns, already was listed as out with a collarbone injury.
Backup running backs, including Jay Harris and Dierre Hill Jr, provided too little help for quarterback Dante Moore. Moore’s task against Indiana’s stifling defense would have been daunting even with all his weapons.
Following their undefeated regular season, the Hoosiers have only gained momentum in the CFP. Indiana overwhelmed Alabama 38-3 in the Rose Bowl quarterfinal as Mendoza passed for 192 yards and three touchdowns.
Now, the Hoosiers will prepare to face Miami on Jan. 19 in the national championship game at Hard Rock Stadium in Miami Gardens. Miami beat Mississippi 31-27 in the Fiesta Bowl semifinal on Thursday night.
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Indiana will try to give the Big Ten its third straight national title, following Ohio State and Michigan the last two seasons. Few teams from any conference can compare with the Hoosiers’ season-long demonstration of balanced strong play.
The country will be watching to see if this unprecedented team can finish the job and really punch their ticket into the history books.
Preliminary autopsy sheds light on tragic death of 4-year-old Alabama boy
Officials have reportedly identified a possible cause of death for a 4-year-old Alabama boy who was found dead days after he was reported missing on New Year’s Eve.
A preliminary autopsy report indicates that Johnathan Boley’s death is consistent with hypothermia, Walker County Coroner Joey Vick said this week, according to Fox affiliate WBRC and NBC affiliate WVTM.
Investigators noted that the child had removed his shoes and said drowning was not suspected, WTVM reported.
A final autopsy report has not yet been released.
MISSING 4-YEAR-OLD FLORIDA BOY FOUND DEAD AFTER MASSIVE 3-DAY SEARCH IN ALABAMA WOODS
Boley’s funeral is scheduled for Jan. 10, according to WBRC.
Hypothermia is a life-threatening condition that occurs when the body is exposed to freezing temperatures, according to the Centers for Disease Control and Prevention (CDC).
Johnathan Everett Boley was reported missing on Dec. 30 after he wandered away from a rural property along Highway 195 near Jasper, Alabama, while playing outside with his dog, Walker County Sheriff Nick Smith said during a news conference.
Following a multi-day search involving hundreds of law enforcement officers, volunteers, K-9 teams, drones and aircraft, searchers found the child’s body on Jan. 2 roughly two miles from the home, officials said.
The dog was located alive nearby.
FATHER ARRESTED ON DRUG, WEAPONS CHARGES AS 4-YEAR-OLD SON FOUND DEAD AFTER NEW YEAR’S DISAPPEARANCE
“This is not the outcome anyone hoped for,” Smith said at the time. “Our hearts go out to this family and everyone who worked tirelessly to bring this child home.”
Johnathan Boley and his siblings live with their mother in Florida and were visiting their father for the holidays under a custody arrangement, authorities said.
Boley’s father, Jameson Kyle Boley, 40, of Jasper, Alabama, has been charged with felony chemical endangerment of a child and unlawful manufacture of a destructive device, according to Walker County District Court records obtained by Fox News Digital.
Law enforcement officials have said that the destructive-device charge is not related to the death of his son.
WATCH: MISSING FLORIDA CHILD RECOVERED AFTER VIOLENT TRAFFIC STOP AND HIGH-SPEED CHASE
“At this time, there is no evidence indicating foul play in the child’s death, and these charges should not be conflated with the search for Johnathan,” Smith said during a news conference.
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The Walker County Coroner’s office and the Walker County Sheriff’s Office did not immediately respond to Fox News Digital’s request for comment.
McDonald’s debuts massive burger, nostalgic Happy Meal — where to find them
McDonald’s is betting on bigger burgers, viral menu hacks and nostalgia to drive traffic in 2026, according to reports.
The fast-food giant is rolling out high-profile menu changes this year, including its biggest burger ever, an official “secret menu” and a Pokémon partnership, though not all the updates are expected to come to the United States.
McDonald’s has made the Big Arch — a massive double-patty burger — a permanent menu item in the United Kingdom and Ireland. The item features two beef patties, three slices of cheese, lettuce, pickles, onions and a new tangy Big Arch sauce on a poppy and sesame seed bun, according to a news release.
MCRIB RETURNS TO MOST MCDONALD’S MENUS AS FANS CHEER AND CRITICS GROAN
McDonald’s may be preparing for a U.S. rollout, according to the Daily Mail, but the company has not publicly confirmed when or if the Big Arch will launch nationwide.
When asked about its plans, McDonald’s declined to comment to Fox News Digital.
So far, fans aren’t happy about the new pricing.
When the Big Arch became a permanent menu item overseas, its price rose from £7.99 to £8.79 — roughly $10 to $11 — with a medium meal costing more than £10, or around $13, according to The Sun.
“It was the messiest burger I’ve ever had.”
“It’s all a rip-off,” exclaimed one person on a social media post, responding to the announcement of the new item on the Instagram account Snackolator.
Other critics have given mixed reviews of the new Big Arch sauce, which some say doesn’t compare to the classic Big Mac version, as well as the overall flavor.
WORLD’S OLDEST MCDONALD’S QUARTER POUNDER TURNS 30 AND IS STILL ‘EERILY INTACT’
“It was the messiest burger I’ve ever had,” an Instagram user said, adding that it was overall “decent.”
“It’s very onion forward,” commented someone else.
Another part of McDonald’s international release is a “secret menu” that turns viral social media food hacks into limited-time offerings, according to a news release, though no U.S. rollout has been confirmed.
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The lineup includes mashups such as the Surf N’ Turf burger, a Chicken Cheeseburger and the returning Chicken Big Mac, along with novelty items like an Espresso Milkshake, an Apple Pie Mini McFlurry and Big Mac sauce sold separately as a dip.
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“Some of these mash-ups shouldn’t work, but they are weirdly good and need to be tried to be believed,” Ben Fox, senior vice president and chief marketing officer for McDonald’s in the U.K. and Ireland, said in a statement.
“This limited-time lineup celebrates the creativity of our customers that we see every day on social media.”
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Something that could be headed to the U.S., meanwhile, is a Pokémon-themed Happy Meal tied to the 30th anniversary that the gaming franchise is celebrating this year, according to reports.
The collaboration has not been officially confirmed, but The Street reported that the limited-time promotion could include themed packaging and Pokémon trading cards.
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The strategy reflects McDonald’s broader push to lean on nostalgia and popular partnerships to drive traffic and loyalty at a time when consumers are growing more cautious about spending, the outlet reported, citing a recent earnings call.
Dem narrative challenged after DHS exposes alleged identity of ‘married couple’ in shooting
As new protests erupt and Democrats express outrage over another shooting involving an immigration agent in Portland, Oregon, on Thursday, the Department of Homeland Security (DHS) is setting the record straight on the two victims’ suspected gang affiliation.
In a Friday X post, DHS said that the two shooting victims, Luis David Nico Moncada and Yorlenys Betzabeth Zambrano-Contreras, are Venezuelan criminal illegal aliens and suspected members of the foreign terrorist organization Tren de Aragua (TdA).
According to the agency, Moncada and Zambrano-Contreras were shot by a U.S. Customs and Border Protection (CBP) agent after the two attempted to run him and others over with their vehicle.
The incident occurred at approximately 2:19 p.m. local time, when Border Patrol agents stopped a vehicle and identified themselves as law enforcement, DHS said.
“[Thursday], two suspected Tren de Aragua gang associates—let loose on American streets by Joe Biden—weaponized their vehicle against Border Patrol in Portland,” DHS wrote, explaining that “the agent took immediate action to defend himself and others, shooting them.”
TWO WOUNDED IN PORTLAND SHOOTING INVOLVING FEDERAL AGENTS AFTER DHS SAYS VEHICLE ‘WEAPONIZED’ AGAINST THEM
Both individuals fled the scene and were later found by Portland Police Bureau (PPB) officers and administered first aid and taken to a hospital.
According to DHS, Moncada, who was driving the vehicle, entered the U.S. illegally in 2022, and was released into the country by the Biden administration. In addition to his suspected TdA affiliation, Moncada has been previously arrested for driving under the influence and unauthorized use of a vehicle, per DHS. He has a final order of removal.
Zambrano-Contreras, the passenger, also entered the U.S. illegally in the El Paso, Texas, area in 2023. DHS said she was released into the country by the Biden administration.
The agency said that Zambrano-Contreras has “played an active role in a Tren de Aragua prostitution ring” and was previously involved in a shooting in Portland.
DHS called reporting that the two injured were a married couple “REVOLTING LIES,” writing in a separate X post that “the two criminal illegal aliens who attacked Border Patrol in Portland are a gang member and his prostitute, NOT an innocent ‘married couple.’”
PORTLAND AGITATORS CLASH WITH POLICE AFTER 2 SHOT BY FEDERAL IMMIGRATION AGENT
PPB Chief Bob Day confirmed during a news conference Friday that both individuals had ties to TdA.
“What I can say is there is an association with the two folks [Thursday] and TdA,” he said. “I hesitated to even share this information initially, because I’m very aware of the historic, injustice of victim blaming oftentimes portrayed by law enforcement.”
Day emphasized thatthis in no way draws a through line to the actions or the behaviors that occurred [Thursday].”
Leading Democrats were quick to condemn federal law enforcement after the shooting on Thursday.
Following the incident, Portland Mayor Keith Wilson called on ICE to “halt all operations” in the city until a full and independent investigation can take place.
“We know what the federal government says happened here,” Wilson said Thursday. “There was a time when we could take them at their word. That time has long passed.”
Wilson added that ICE agents and DHS leadership “must fully be investigated and held responsible for the violence inflicted on the American people in Minnesota, in Portland, and in all the communities across America.”
Oregon Gov. Tina Kotek reacted to the shooting, claiming it was “instigated by the reckless agenda of the Trump administration.”
“While the details of the incident remain limited, one thing is very clear: when a president endorses tearing families apart and attempts to govern through fear and hate rather than shared values, you foster an environment of lawlessness and recklessness,” she said.
Kotek said Oregon’s attorney general and other leaders have raised concerns about the excessive use of force by federal agents in Portland, adding that “today’s incident only heightens the need for transparency and accountability.”
CROCKETT WARNS OF NATIONWIDE PROTESTS OVER ICE SHOOTING: ‘STATE-SANCTIONED EXECUTION’
Sen. Ron Wyden, D-Ore., reacted to the shooting on X, blaming the Trump administration for “inflaming violence.”
“I’m monitoring the first awful reports of two people shot in Portland by federal law enforcement,” Wyden wrote in the post. “I’ll keep you updated, but Trump’s deployment of federal agents in my hometown is clearly inflaming violence–and must end.”
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This comes on the heels of anti-ICE protester Renee Nicole Good being fatally shot in Minneapolis in similar circumstances.
The Trump administration has said that while obstructing immigration enforcement operations, Good attempted to run over an ICE agent who fired in self-defense, resulting in Good later being pronounced dead.
Both shootings have led to mass anti-ICE protests across the country and strong condemnations by many leading Democrats.
Border agent leaves formation to embrace protester during immigration clash
A hug shared between a Border Patrol agent and a protester showed a heartwarming moment of humanity in Minnesota as clashes over immigration enforcement rattle the U.S.
A conversation between a Border Patrol agent in full gear and an anti-immigration enforcement protester was caught on video Thursday, giving insight into federal agents’ demeanor as they provide security amid rising tensions nationwide.
Speaking to the female protester, who was carrying a bullhorn and gas mask, the agent sought common ground over their shared experience of U.S. military service.
“You signed [up] to become a soldier, right,” the agent asked the woman. “The purpose of the soldier is to go to war. This mission is different [with Border Patrol]. I understand, because I was in the Air Force, and I was an airman.”
DEM NARRATIVE CHALLENGED AFTER DHS EXPOSES IDENTITY OF ‘MARRIED COUPLE’ IN CBP-RELATED SHOOTING
“Not the Air Force. They’re fly boys,” she quipped. “If you’d been a Marine, I would have brought you some crayons. No, listen…”
“I love you,” he interjected as the pair laughed about her military jest. “I want to hug you.”
“You can’t do that,” the woman said, looking over to the other agents.
“Oh, I could,” the agent said, adding he would not mind.
“I would let you,” she responded. “You can hug me. I would embrace it if you would hug me.”
“I will,” he said. “Come over.”
DEM LEVELS ‘STATE-SPONSORED TERRORISM’ ACCUSATION AFTER PORTLAND SHOOTING: ‘STOP F—ING WITH US’
The agent walked out of his line of formation toward the woman and hugged her as she smiled.
“We have a heart, you know what I mean,” the agent said.
“Take off all that s— and come over here,” she said, drawing more giggles from the agent. “Come with me; I’ve got a safe house.”
“I can’t,” the agent politely responded. “I have to retire. … In three years I’m going to retire. I want my retirement benefits.”
The pair went on to discuss race after the woman made a comment about what the agent should do if he sees “a Brown-skinned person,” seemingly referring to racial profiling.
The agent held out his uncovered hands, showing he was not White.
SOCIALIST GROUPS CHANT ‘KILLER KRISTI’ WHILE ESCALATING NATIONWIDE ANTI-ICE PROTESTS
“What are you, the force of immigrants?” the woman, who is White, countered while panning the line of Border Patrol agents. “I want all of you guys that have immigrant families to write your mother and grandmother and tell them that you love them, and you’re sorry for the job you’re doing. All right? They’re worried about you. They are. Am I lying? No.”
The encounter came one day after 37-year-old Renee Nicole Good, a mother of three, was shot and killed by an ICE agent while allegedly attempting to drive into him during an immigration operation.
Department of Homeland Security officials described the shooting as an act of “self-defense,” while Democrats labeled the shooting a “murder.”
While charges have not been filed against the agent for any wrongdoing, the fatal shooting, which was caught on video, sparked nationwide protests.
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The discussion between the female protester and the Border Patrol agent ended with the woman urging the agent not to support ICE.
“You don’t have to do this,” she said. “And if you do want to stay in Border Patrol, for God’s sake, quit protecting ICE.”
Federal judge halts $10B child care funding freeze affecting Democratic states
A federal judge Friday temporarily blocked the Trump administration from stopping subsidies on childcare programs in five states, including Minnesota, amid allegations of fraud.
U.S. District Judge Arun Subramanian, a Biden appointee, didn’t rule on the legality of the funding freeze, but said the states had met the legal threshold to maintain the “status quo” on funding for at least two weeks while arguments continue.
On Tuesday, the U.S. Department of Health and Human Services (HHS) said it would withhold funds for programs in five Democratic states over fraud concerns.
The programs include the Child Care and Development Fund, the Temporary Assistance for Needy Families program, and the Social Services Block Grant, all of which help needy families.
USDA IMMEDIATELY SUSPENDS ALL FEDERAL FUNDING TO MINNESOTA AMID FRAUD INVESTIGATION
“Families who rely on childcare and family assistance programs deserve confidence that these resources are used lawfully and for their intended purpose,” HHS Deputy Secretary Jim O’Neill said in a statement on Tuesday.
The states, which include California, Colorado, Illinois, Minnesota and New York, argued in court filings that the federal government didn’t have the legal right to end the funds and that the new policy is creating “operational chaos” in the states.
In total, the states said they receive more than $10 billion in federal funding for the programs.
HHS said it had “reason to believe” that the programs were offering funds to people in the country illegally.
‘TIP OF THE ICEBERG’: SENATE REPUBLICANS PRESS GOV WALZ OVER MINNESOTA FRAUD SCANDAL
New York Attorney General Letitia James, who is leading the lawsuit, called the ruling a “critical victory for families whose lives have been upended by this administration’s cruelty.”
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Fox News Digital has reached out to HHS for comment.
Trump administration has offer for those who expose Minnesota fraud web
Whistleblowers who come forward with information related to Minnesota’s sprawling fraud scandal will receive cash payments, U.S. Treasury Secretary Scott Bessent said Friday on Fox News.
The Trump administration launched a wide-scale fraud investigation in Minnesota amid a growing web of allegations involving money-laundering schemes and misuse of taxpayer funds.
“We know that these rats will turn on each other,” Bessent told “The Ingraham Angle.”
“We are going to offer whistleblower payments to anyone who wants to tell us the who, what, when, where and how this fraud has been done. I think that that will give us a great leap forward on how to get it done,” he added.
CRITICS WARN MINNESOTA LEGISLATION NOW TAKING EFFECT IS SETTING UP THE ‘NEXT BILLION-DOLLAR FRAUD’
Several Minnesota childcare and food-distribution facilities have been accused of misusing federal funds while a recent audit showed corruption tied to taxpayer-funded grant programs.
The daycare and food-distribution sites allegedly did not provide childcare or serve food, but instead used the federal funds they received to launder money.
A state audit found limited monitoring of grant programs within the Department of Human Services’ Behavioral Health Administration, which distributed hundreds of millions of dollars in federal funding to mental health and addiction services.
The Trump administration froze multiple federal funding streams to Minnesota, including certain funding from the Department of Health and Human Services and the U.S. Department of Agriculture.
However, a federal judge on Friday temporarily halted the Trump administration from freezing about $10 billion in federal funding to five Democratic-led states.
BESSENT BLAMES WALZ AS TREASURY PROBES WHETHER MINNESOTA FRAUD FUNDS REACHED TERROR GROUP AL-SHABAB
Bessent said the fraud continues, pointing to a recent finding in which a convicted fraudster allegedly attempted to bribe a juror.
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“One of the people who has been convicted of fraud — she was given $200,000 to bribe a juror,” he explained. “And she was so corrupt, she skimmed $80,000 of it and only tried to give a $120,000 bribe.”
Trump calls for credit card industry overhaul, declares Americans getting ‘ripped off’
President Donald Trump announced Friday he is calling for a one-year cap limiting credit card interest rates to 10%.
Trump blamed the Biden administration for allowing rates to rise as high as 20–30%, adding that Americans were being “ripped off” by credit card companies.
“Please be informed that we will no longer let the American Public be ‘ripped off’ by Credit Card Companies that are charging Interest Rates of 20 to 30%, and even more, which festered unimpeded during the Sleepy Joe Biden Administration,” Trump wrote on Truth Social.
“AFFORDABILITY! Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%.”
EX-TRUMP ADVISOR RAISES ALARM OVER BIPARTISAN CREDIT CARD PLAN THAT COULD HURT AMERICANS
Trump noted that the cap would coincide with the one-year anniversary of his return to the White House.
Sen. Bernie Sanders, I-Vt., introduced a bill in February 2025 that would cap credit card interest rates at 10%, but the changes would sunset on Jan. 1, 2031, making it nine years longer than the proposal outlined by Trump.
TRUMP VOWS TO SLASH MORTGAGE RATES, REVIVE ‘AMERICAN DREAM’ WHILE BLAMING BIDEN HOUSING FAILURES IN TRUTH POST
Earlier Friday, before Trump announced his plan, Sanders smeared Trump for failing to cap credit card interest rates.
“Trump promised to cap credit card interest rates at 10% and stop Wall Street from getting away with murder,” Sanders wrote in an X post. “Instead, he deregulated big banks charging up to 30% interest on credit cards. The result? Last year, JPMorgan CEO Jamie Dimon made $770 million. Unacceptable.”
TRUMP’S CALL FOR $1.5 TRILLION DEFENSE BUDGET WOULD ADD TRILLIONS TO DEBT: CRFB
Sen. Elizabeth Warren, D-Mass., the top Democrat on the Banking, Housing and Urban Affairs Committee, reacted to Trump’s proposal, calling it a “joke.”
“Begging credit card companies to play nice is a joke,” Warren said in a statement. “I said a year ago if Trump was serious I’d work to pass a bill to cap rates. Since then, he’s done nothing but try to shut down the CFPB.”
Warren accused Trump of not caring about affordability, adding that “Americans know a fraud when they see one.”
Billionaire hedge fund manager Bill Ackman reacted to Trump’s announcement, calling the president’s proposal a “mistake.”
“Without being able to charge rates adequate enough to cover losses and to earn an adequate return on equity, credit card lenders will cancel cards for millions of consumers who will have to turn to loan sharks for credit at rates higher than and on terms inferior to what they previously paid,” he wrote on X.
Sen. Josh Hawley, R-Mo., quickly voiced support for the proposal on X, saying he “can’t wait to vote for this.”
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The White House and Sanders’ office did not immediately respond to FOX Business’ request for comment.