Trump Proposes 10 Percent Credit Card Interest Rate Cap
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Trump Proposes 10 Percent Credit Card Interest Rate Cap
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**Trump's 10% Credit Card Cap: Economic Relief or Financial Disaster?**
In this episode, host Constance Draft breaks down President Trump's explosive proposal from Davos to cap credit card interest rates at 10% for one year. What sounds like relief for American homebuyers has ignited fierce opposition from banking CEOs and congressional leaders alike. Jamie Dimon calls it an "economic disaster," while Senate Majority Leader John Thune warns millions could lose credit access entirely. With over 90% of U.S. Bank clients potentially impacted, this policy showdown pits consumer relief against dire warnings of a credit crisis. Is this cap a lifeline or a trap? Tune in for sharp analysis of a proposal that could reshape American finance—or never make it past Capitol Hill.
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This content was created in partnership and with the help of Artificial Intelligence AI
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