Banking

Trump’s 10% Credit Card Interest Cap: The Populist Crossover and the Enforcement Problem Nobody Wants to Talk About A 10% Credit Card Rate Cap? Trump, AOC, Bernie—and the Catch That Could Hit Borrowers Hard

A 10% Credit Card Rate Cap? Trump, AOC, Bernie—and the Catch That Could Hit Borrowers Hard

Trump’s 10% Credit Card Interest Cap: The Populist Crossover and the Enforcement Problem Nobody Wants to Talk About

5 months ago

President Donald Trump just tossed a financial grenade into the consumer-lending conversation: a one-year cap of 10% on...