Sen. Bernie Sanders Bernie SandersOutrage erupts over Breonna Taylor grand jury ruling Dimon: Wealth tax 'almost impossible to do' Grand jury charges no officers in Breonna Taylor death MORE (I-Vt.) and Rep. Alexandria Ocasio-Cortez Alexandria Ocasio-CortezWells Fargo CEO issues apology after saying there was a 'limited pool of Black talent' Brand responds to Trump claim protesters throw tuna cans at police: 'Eat em, don't throw em' CNN's Don Lemon: 'Blow up the entire system' remark taken out of context 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.