Trump credit card interest rate cap idea ‘soul-crushing’: Mick Mulvaney

Updated: Sep 19, 2024 / 11:39 PM EDT

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(NewsNation) — Donald Trump’s proposal to temporarily cap the interest rates on credit cards at around 10% is “a soul-crushing gut shot to fiscal conservatives,” according to Mick Mulvaney, a former White House chief of staff under Trump. He explains why on NewsNation’s “The Hill.”

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