Can Trump Cap Credit Card Rates?
Jill on Money with Jill Schlesinger
Fed rate cuts and credit card rates link
Jill explains how Federal Reserve short-term rate moves influence credit card interest charges.
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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