Bessent: not unreasonable to have discussion on practices of credit card companies

Group 1 - U.S. Treasury Secretary Scott Bessent indicated that discussions regarding the practices of credit card companies are reasonable and various aspects can be considered [1][3] - President Donald Trump proposed a one-year cap on credit card interest rates, and Senator Elizabeth Warren expressed that the president reached out to discuss this idea [2] - Bessent acknowledged alignment with some of Senator Warren's policies, particularly regarding the financial burden on the poorest members of society, but he criticized her approach to regulation, suggesting it could harm small and community banks [3]