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Trump urges credit card companies to slash interest rates to 10% for one year
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Trump urges credit card companies to slash interest rates to 10% for one year

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President Trump called for a one-year cap on credit card interest rates late Friday, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers.

President Trump is calling for a 10% cap on credit card interest rates for one year, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers. "Please be informed that we will no longer let the American Publ... [5737 chars]

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Source: cbsnews.com

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