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The proposal was a major topic this week during the earnings calls of America’s big banks. Executives broadly agree a 10% cap would reduce access to credit for higher-risk borrowers and could have ...
Decades of evidence show that interest-rate caps, however well-intentioned, end up hurting the very people they’re meant to ...
Days after floating a cap on credit card interest rates, President Trump has drawn ire from industry leaders and even a rare ...
President Donald Trump’s proposed 10% cap on credit card interest rates is politically attractive but, if implemented as a ...
Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.
Trump has called for a one-year, 10 percent cap on interest rates, and said credit card companies have "really abused the ...
His declaration requires congressional approval to become law and could restrict some consumers' credit availability.
Trump's year-long cap on credit card interest is "well-intentioned," say experts, but it poses significant risks.
With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.
Cryptopolitan on MSN
President Trump calls for a temporary 10% cap on credit card interest rates
U.S. President Donald Trump called for a temporary reduction in credit card interest to a maximum of 10% by credit card firms ...
US President Donald Trump has called for a one year cap on credit card interest rate charges at 10% – around half of the ...
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