Trump suggests capping annual credit card interest rates at 10% — but critics fear ‘price controls’
Former President Donald Trump floated limiting annual credit card interest rates to a maximum of 10% during a campaign stop on Long Island Wednesday night, prompting banking groups to push back against the plan as the Republican version of Democrat Kamala Harris’ widely panned “price controls.”
This Week In Credit Card News: Trump Proposes Short Term Cap On Credit Card Interest Rates
Donald Trump made headlines Wednesday night, promising a crowd in New York he would, if restored to the White House, put a “temporary cap on credit card interest rates … at around 10%,” if he were elected.
WASHINGTON — Federal Reserve officials are expected to cut a key interest rate on Wednesday for the first time since early ...
1hon MSN
Vahan Janjigian, Chief Investment Officer at Greenwich Wealth Management, and Margaret Patel, Senior Portfolio Manager for ...
He has suggested that presidents should “have a say” on interest rates, though he later walked the comment back.
Donald Trump and Republicans accused the Federal Reserve of election interference after the central bank slashed interest ...
The Fed is expected to cut interest rates on Wednesday, inserting the central bank into the teeth of a contentious election ...
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