Trump Floats Longshot Proposal for 10% Cap on Credit-Card Rates
Former President Donald Trump said he wants to impose a temporary 10% cap on credit-card interest rates. While the pledge was met with cheers at a rally this week, it is a long shot and could have unintended consequences if it became a reality.
Trump’s cap for credit-card interest rates wouldn’t pass Congress, analyst says
Republican presidential nominee Donald Trump on Wednesday promised to cap interest rates for credit cards, but a veteran analyst predicts the plan wouldn’t get the congressional approval that it needs to become reality.
Trump credit card interest rate cap idea ‘soul-crushing’: Mick Mulvaney
Fiscal conservatives hate the idea of price caps, including Trump’s credit card cap idea, says Trump’s former chief of staff.
Trump pitches capping annual credit card rates at 10%: ‘We can’t let them make 25 and 30%’
Former President Donald Trump floated limiting annual credit card interest rates to a maximum of 10% during a campaign stop on Long Island Wednesday night, prompting banking groups to push back against the plan as the Republican version of Democrat Kamala Harris’ widely panned “price controls.
Trump threatens credit-card interest caps, but smart money still views him bank-friendly
The analyst community isn’t taking the former president’s proposal too seriously, and is instead looking at Trump’s bank-friendly first term as a guide for how investors should play a possible second Trump term.
Trump suggests reversing his cap on state and local tax deductions
Former President Donald Trump indicated Tuesday that he would reverse a controversial provision of his 2017 tax cut package ...
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Trump says he'll scuttle SALT cap, but Schumer, Dems doubt he would follow through
Donald Trump sought to appeal to New York voters wanting to repeal the cap on SALT deductions, which Trump supported as ...
Trump vows to reverse SALT deduction cap he signed in 2017
Former President Trump is vowing to lift the $10,000 cap on state and local taxes that was implemented as part of his ...
Small-Cap Stocks Got Just What They’ve Needed Trade Record Highs
Everyone has been waiting for small-cap stocks to rally. They just got quite the shot in the arm they needed.The Russell 2000 ...
Cap on outpatient hospital costs proposed in new N.Y. bill
This is a new practice that we’re seeing with hospitals,” said Claire Brockbank, director of policy for the 32BJ Benefits ...
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This Week In Credit Card News: Trump Proposes Short Term Cap On Credit Card Interest Rates
Donald Trump made headlines Wednesday night, promising a crowd in New York he would, if restored to the White House, put a ...
Trump, who signed bill to cap SALT tax deduction, now says he'd lift it if elected
Trump as president signed a bill that caps the federal income tax deduction for state and local property taxes at $10,000.
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Trump created the controversial $10,000 SALT deduction cap. Now he wants to end it.
In a post Tuesday on Truth Social, Trump suggested he would scrap a $10,000 cap on deducting state and local taxes (SALT) ...
Wearing A Guardian Cap Could Have Prevented Tua Tagovailoa’s Concussion, Data Suggests
Miami Dolphins quarterback Tua Tagovailoa suffered yet another concussion during their Week 2 loss to the division-rival ...
Rent Cap Locks Billions of Euros Out of Irish Housing, CBRE Says
Ireland’s rent controls are deterring overseas investors in the local residential real estate market and keeping out billions ...
American Century Mid Cap Value Fund Q2 2024 Commentary
During the quarter, broad U.S. equity markets rose amid moderating inflation, strong corporate earnings growth and weakening ...
Increasingly desperate, Trump unveils yet another weird tax idea
They’re not actual tax plans. They’re desperate grunts, blurted out without forethought or vetting. Two weeks before the 2018 ...