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PRESIDENT TRUMP CALLS SENATOR ELIZABETH WARREN TO DISCUSS CREDIT CARD INTEREST RATE CAP
🔹 President Trump has called Senator Elizabeth Warren, a senior member of the Senate Banking Committee, to discuss the possibility of implementing a 10% cap on credit card interest rates.
🔹 Warren stated that she strongly supports capping interest rates and is willing to work across party lines with President Trump to “actually get something done” for consumers.
🔹 According to Warren, current credit card interest rates are excessively high and exploitative, placing significant pressure on American families. She believes that President Trump has not previously pushed this issue, but if he wants to act this time, she is ready to cooperate.
🔹 House Speaker Mike Johnson warns that careful consideration is needed to avoid unintended side effects on the credit market.