It may come down to Trump using political pressure to force banks to cap interest rates on credit cards
via apnews.com
Short excerpt below. Read at the original source.
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 what the White House has planned and whether Trump even remains serious about the […]