Banks May Offer 'Trump Cards' Under 10% Rate Push
Snippet of Article: "...The Trump administration is pressing a new voluntary credit-card concept dubbed "Trump Cards" as President Donald Trump pushes a one-year 10% interest-rate cap.
The move escalates a fresh clash with banks and Congress over how, and whether, Washington can force down borrowing costs for millions of cardholders. ...the White House expects banks to voluntarily offer new credit cards carrying a 10% rate..."