Can Trump Cap Credit Card Rates?
Jill on Money with Jill Schlesinger
Current consumer credit card rate snapshot
Jill reports average card rates near 20% and explains variation versus historical levels.
President Trump says he wants to cap credit card interest rates at 10% for a year by Jan. 20. I joined CBS Mornings to break down if the president has the ability to cap rates and what it would mean for you.
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