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As Trump's deadline for a cap on credit card rates looms, banks have only questions and no answers - AP News

President Donald Trump has demanded a 10% cap on credit card interest rates by January 20. Consumer groups, politicians, and bankers remain unclear about the White House's plans. The White House has not detailed consequences for non-compliance. Researchers es…

By:Ken Sweet
Source:Associated Press
Published:
As Trump's deadline for a cap on credit card rates looms, banks have only questions and no answers - AP News
NEW YORK (AP) 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, po… [+4621 chars]

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