Trump Proposes 10% Cap on Credit Card Interest Rates, Faces Bank Opposition
TL;DR Summary
President Trump advocates for a one-year, 10% cap on credit card interest rates, aiming to save Americans billions, but faces opposition from the banking industry and lawmakers, with potential legislative support from some Republicans.
Topics:business#banking-industry#credit-card-interest-rates#interest-rate-cap#legislation#politics#trump
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