President Donald Trumps demand that credit-card lenders cap interest rates at 10% for a year takes aim at one of the banking industrys crown jewels a business line they guard doggedly.
After a week … [+364 chars]
Trump’s Call for 10% Credit-Card Cap Aims at Banks’ Crown Jewels - Bloomberg.com
President Donald Trump’s demand that credit-card lenders cap interest rates at 10% for a year takes aim at one of the banking industry’s crown jewels — a business line they guard doggedly.
By:Paige Smith
Source:Bloomberg
Published:
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