Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk

Business

Trump Pushes A 1-Year, 10% Cap On Credit Card Interest Rates And Banks Balk

By abcnews.go.com

NEW YORK -- Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his c ...Read more