Americans Would Save $100B if Credit Card Rates Were Capped as Trump Proposed, Researchers Say

  • Posted on September 4, 2025
  • By Google News
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Americans Would Save $100B if Credit Card Rates Were Capped as Trump Proposed, Researchers Say

NEW YORK (AP) — Americans would save roughly $100 billion a year in interest costs if President Donald Trump’s campaign proposal to cap credit card interest rates at 10% were implemented, according to a paper published by Vanderbilt University on Thursday. Further, the banks and credit card ...
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