President Donald Trump’s proposal for a one-year, 10% cap on credit card interest rates has struck a chord in debates about affordability — and set up a potential clash with Wall Street.
Trump's proposed 10% credit card interest cap could materially impact banks with high credit card exposure, notably Capital ...
Capping interest rates will not give the poor cheaper access to credit. It will simply deprive them of any reliable finance at all.
Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.
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