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Trump's credit card rate cap plan has unclear path, 'devastating' risks, bank insiders say
A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with less-than-ideal credit, banks say.
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cnbc.com
Trump calls for one-year cap on credit card interest rates at 10%
U.S. President Donald Trump did not provide details on how his plan would come to fruition or how he planned to make credit card companies comply.
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upi.com
Trump wants credit card interest rates maxed at 10% for a year - UPI.com
President Donald Trump wants credit card companies to limit their interest rates to no more than 10% for a year to make them more affordable.
