As Trump's deadline for a cap on credit card rates looms, banks have only questions and no answers

Business

As Trump's Deadline For A Cap On Credit Card Rates Looms, Banks Have Only Questions And No Answers

By AP News

NEW YORK (AP) — President Donald Trump a week ago told the credit card industry it had until Jan. 20 to comply with his demand for a 10% cap on interest rates. With just days to go, consumer groups, politicians, and bankers alike remain unclear on wh ...Read more