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… [+4603 chars]
It may come down to Trump using political pressure to force banks to cap interest rates on credit cards - Fortune
“I don’t have a specific consequence to outline for you but certainly this is an expectation and frankly a demand that the president has made.”
By:Ken Sweet, The Associated Press
Source:Fortune
Published:
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