Trump pushes a 1-year, 10% cap on credit card interest rates
Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner.
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The story so far
3 developments- Jan 10Trump pushes a 1-year, 10% cap on credit card interest rates
- Jan 12Trump calls for a 10% cap on credit card interest rates
- Jan 13President Trump wants to cap credit card interest at 10%: the pros & cons for borrowers
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Quiet for 259 daysLast development · Jan 13 — President Trump wants to cap credit card interest at 10%: the pros & cons for borrowers
Left
4 viewpointsCommentary: Trump is demanding a 10% cap on credit card interest. Here's why that's a lousy idea
Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk
Why Trump's idea for a 10% cap on credit card rates could backfire, according to UBS
Banks balk at Trump's push for 10% cap on credit card interest rates
Center
10 viewpointsTrump pushes a 1-year, 10% cap on credit card interest rates
Right
5 viewpointsTrump's proposed credit card interest rate cap could curb access for millions of Americans: report
Johnson warns of 'unintended consequences' in Trump's credit card rate cap idea
Trump calls for a 10%, one-year cap on credit card interest rates: ‘AFFORDABILITY!’
Trump calls for limiting credit card interest rates to 10% for one year
Trump wants to cap credit card interest rates at 10%. But such limits could harm consumers, experts warn
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