New Credit Card Rules by Donald Trump Reveal a Push for Affordability
The president is looking to change the way credit card companies operate
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In the past few days, US President Donald Trump has grown fixated on consumer finance.
First, there was the push to cap credit-card interest rates to 10%. Then came the swipe at the interchange fees that businesses pay when customers use their cards at checkout. It was all preceded by a bid to ban corporate homebuyers from the property market, as a way to improve housing affordability.