The Next Chapter, page-5247

Good little thought bubble from Mr Delusional, given that the President does not have authority and it would have to pass Congress.

Financial institutions reacted negatively to Donald Trump's proposal to cap credit card interest rates at 10%. The American Bankers Association argued that such a cap would reduce credit availability, forcing consumers to turn to riskier alternatives like payday lenders

1

. Financial analysts warned that banks might limit credit card issuance to higher-risk individuals, diminishing access to credit

3

. Additionally, experts noted that capping interest rates could lead to increased merchant fees and reduced consumer perks, fundamentally altering the credit card industry

1