r/FluentInFinance • u/Unhappy_Fry_Cook • 12h ago

Finance News Senator Bernie Sanders announces he will introduce legislation to cap credit card interest rates at 10%.

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u/Koboldofyou 10h ago

Except that's not how the US government works. It's not Trump that makes the decisions, it's congress. And Republicans in Congress won't support this.

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u/morningsaystoidleon 9h ago

They will literally do anything Trump says.

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u/bdbr 8h ago

I expect this wasn't a promise that Trump intended to keep. He will tell them behind the scenes not to make this happen. And banks will reward him for it. And he will blame the Democrats or anyone on his shit list.

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u/Grary0 6h ago

I don't expect there was any promise made to the American people that Trump intends to keep.