Trump adviser suggests 10 percent interest ‘Trump cards’ in lieu of legislative cap

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Trump adviser suggests 10 percent interest ‘Trump cards’ in lieu of legislative cap

President Trump’s economic adviser said Friday that the administration has been in touch with major banks regarding the administration’s proposal to temporarily cap credit card interest rates amid concerns about its long-term economic impact. Kevin Hassett, the director of the National Economic Council, said the administration expects banks to voluntarily provide “Trump cards” to…