Holding Your Breath For Trump To Cap Credit Card Rates This Year? Here's What The Prediction Market Says - Capital One Financial (NYSE:COF)
President Donald Trump earlier in January issued an ultimatum to credit card companies in January, demanding that rates be lowered to 10% by January 20 or face severe consequences.Trump's DeadlineWhile the Jan. 20 deadline has long passed, the credit card rates have not been capped yet.Sen. Elizabeth Warren (D-Mass.) on Monday published an op-ed on Fox News, criticizing Trump's "broken promise on credit cards."Here's What The Prediction Market ThinksData from Kalshi, a federally authorized betting platform, ...