Sanders, Ocasio-Cortez to unveil legislation targeting credit card, banking industries

Sanders, Ocasio-Cortez to unveil legislation targeting credit card, banking industries
© Greg Nash

Sen. Bernie SandersBernie SandersSanders to call on 2020 Democrats to reject money from drug, health insurance industries The hidden connection between immigration and health care: Our long-term care crisis Harris tops Biden in California 2020 poll MORE (I-Vt.) and Rep. Alexandria Ocasio-CortezAlexandria Ocasio-CortezOmar responds to 'send her back' chant with Maya Angelou quote Trump blasts minority Democrats, rally crowd chants 'send her back' Trump refers to Ocasio-Cortez as just 'Cortez' because it 'takes too much time' to say full name MORE (D-N.Y.) are set to introduce legislation Thursday targeting the credit card and banking industries.

The two lawmakers will unveil the proposal in a Facebook livestream at 12 p.m. 

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Neither office responded to requests for more information on the plan they say is aimed at protecting consumers.

Sanders, who is running for president, has been a vocal critic of Wall Street throughout his career.

He has frequently introduced plans with the goal of making financial and economic policies prioritize the average American instead of the upper class.

Ocasio-Cortez has similarly railed against skyrocketing inequality and advocated for increased regulation of Wall Street institutions.

The freshman New York lawmaker worked on Sanders's ultimately unsuccessful 2016 presidential campaign.