Trump announces 1-year 10% cap on credit card interest rates

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

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Mediaite on MSN · 1d
Trump Demands Credit Card Companies Dramatically Slash Rates Because ‘AFFORDABILITY!’
Trump calls for a 10% cap on credit card rates in his latest appeal to affordability concerns
Trump calls for cap on credit card interest rates at 10%, effective Jan 20
US President Donald Trump has announced a one-year cap on credit card interest rates, proposing a maximum rate of 10 per cent, to be effective from January 20.

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Is Donald Trump shifting stance? Ahead of midterm polls, POTUS focuses more on pro-people policies
Donald Trump proposes 10% credit card interest rate cap for a year — How much would Americans save?
Trump calls for one-year cap on credit card interest rates at 10%
U.S. Senator Elizabeth Warren, a Democrat in the Senate Banking Committee, said Trump's call was meaningless without a bill being passed by Congress.

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Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk
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Donald Trump calls for cap on credit card interest rates at 10 per cent, effective Jan 20
The Financial Express

Explained | Americans ‘ripped off’ by credit card companies: Is Trump’s 10% interest cap a debt solution or political promise?

Trump proposes a 10% credit card interest cap to stop Americans being “ripped off”. Explained: how it works, potential savings, risks, bank backlash, and whether it truly reduces debt.

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