Trump’s ‘Affordability’ Ideas Drive Capitol Hill Talks
President Donald Trump has rapidly presented new economic ideas in recent days, shaping congressional discussions while giving some Republican members pause.
One of Trump’s proposals that turned the most heads was his urging credit card companies to cap interest rates.
“We will no longer let the American Public be ‘ripped off’ by Credit Card Companies that are charging Interest Rates of 20 to 30%, and even more, which festered unimpeded during the Sleepy Joe Biden Administration. AFFORDABILITY!” Trump wrote on Truth Social on Friday, calling for “a one year cap on Credit Card Interest Rates of 10%.”
At a Tuesday press conference with fellow members of the House leadership team, Speaker of the House Mike Johnson, R-La., appeared to caution reporters against alarm over Trump’s call.
“The president is the ideas guy,” Johnson told reporters, adding that Trump is “doggedly determined” to be “reducing the cost of living, bringing down prices for the American people. And he’s looking at every idea under the sun to do........
