Republican Leaders Pour Cold Water on Trump Plan Backed by Democrats

Bogdan Hofbauer

Several Republican Senate and House members are distancing themselves from President Donald Trump ’s recent proposal to cap credit card interest rates, something many Democrats support. Newsweek reached out to Senate Majority Leader John Thune and House Speaker Mike Johnson for comment via email. The vast majority of Americans use credit cards , which account for around one-third of all purchases. Credit card debt has become nearly as ubiquitous, with total household balances reaching a record $

Tag-uri: Donald Trump

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