Proposal for 10% cap on credit card interest
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President Trump’s call for a cap on credit-card interest rates could save Americans billions in interest, but also tighten access to credit. Personal-finance reporter Veronica Dagher explains more: A:
President Donald Trump’s unexpected demand for a cap on credit card interest rates sent financial shares tumbling this week, while leaving the heads of Wall Street’s biggest lenders fielding a swarm of questions on their quarterly earnings calls.