Trump's big swing at credit card interest rates targets a growing American problem

Trump called for a one-year cap on credit card interest rates at 10%. For years, limited regulation has allowed companies to charge high rates, and consumers have fallen further into debt. Some lawmakers have said they would pass legislation capping interest rates. Americans are racking up credit card debt, and it's costing them even more to get rid of it. It's a piece of the affordability debate that has caught the attention of both parties. In a move that has been pushed for by lawmakers acros ...