For ads-free news, click here.
From Fox News: Sen. Bernie Sanders, I-Vt., said he will push forward new legislation to cap credit card interest rates to 10%, which is something President-elect Donald Trump said he wanted to do temporarily on the campaign trail.
“During the recent campaign Donald Trump proposed a 10% cap on credit card interest rates. Great idea. Let’s see if he supports the legislation that I will introduce to do just that,” Sanders wrote on X.
While campaigning in New York before winning the election against Vice President Kamala Harris, Trump threw his support behind a “temporary cap on credit card interest rates.”
During the recent campaign Donald Trump proposed a 10% cap on credit card interest rates. Great idea. Let’s see if he supports the legislation that I will introduce to do just that.
— Bernie Sanders (@SenSanders) December 30, 2024
“And while working Americans catch up, we’re going to put a temporary cap on credit card interest rates. We’re going to cap it at around 10%. We can’t let them make 25 and 30%,” Trump said at the New York rally in September.
BREAKING: Trump announces that as president, he will immediately implement a temporary 10% cap on credit card interest rates
“We can’t let them make it 25% and 30%.”
Credit card interest rates are at a historic high under the Kamala-Biden regime. His simple plan will alleviate… pic.twitter.com/yENoVsqv1S
— George (@BehizyTweets) September 19, 2024
Follow us on X (Formerly Twitter.)
The DML News App: www.X.com/DMLNewsApp
The Dennis Michael Lynch Podcast archive is available below, with the most recent on top. Never miss an episode. Subscribe to the show by downloading The DML News App or go to Apple Podcasts.
