Donald Trump: Calls for 10 per cent cap on credit card interest rates

US President Donald Trump on Friday (Saturday AEDT) called for a one-year cap on credit card interest rates at 10 per cent, effective January 20, without specifying details.

“Please be informed that we will no longer let the American Public be “ripped off” by Credit Card Companies that are charging Interest Rates of 20 to 30%, and even more, which festered unimpeded during the Sleepy Joe Biden Administration. AFFORDABILITY!” he wrote on social media.

स्रोत: Afr