- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Winter Olympics
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
How can President Trump just cap credit card interest rates (even though I like the idea)
Posted on 1/10/26 at 1:05 am
Posted on 1/10/26 at 1:05 am
What authority does he have to do this, where is the notion of a free market in this, what will happen to a credit card company who does not comply? Why 10 percent and not less? Why not more? And does this mean any loan of more can be refinanced at this rate?
How is this not like something Elizabeth Warren would propose?
LINK
How is this not like something Elizabeth Warren would propose?
LINK
This post was edited on 1/10/26 at 1:10 am
7
Posted on 1/10/26 at 1:09 am to Eurocat
He has no authority to do this. This is his shot over the bow for credit card companies. They don't change direction toward his "call", they suddenly find it much more difficult to do business in areas he CAN influence.
Posted on 1/10/26 at 1:12 am to 10thyrsr
This is what I could see Elizabeth Warren proposing.
GOP would crap their pants in opposition.
Now? Cmon GOP, where are you.
Seriously?
GOP would crap their pants in opposition.
Now? Cmon GOP, where are you.
Seriously?
Posted on 1/10/26 at 1:13 am to Eurocat
He has a MAGA magic wand.
Posted on 1/10/26 at 1:19 am to Eurocat
GOP can't even get it together enough to support their president. The next primary we should vote out every incumbent. I don't care if the next Republican on the list says "Vote for me because I have a dog".
Posted on 1/10/26 at 9:37 am to Eurocat
Usury laws have been around forever and have survived constitutional challenge.
Posted on 1/10/26 at 9:40 am to Eurocat
He's negotiating. This is how Trump negotiates .. he goes big and outrageous and then works his way down to what he actually wanted. He does this with everything.
Posted on 1/10/26 at 9:40 am to Eurocat
Seems like some Art of the Deal shite where he is making some “threats” because he wants banks to help him in a different area.
Pure speculation on my part but this has that vibe.
Pure speculation on my part but this has that vibe.
Posted on 1/10/26 at 9:41 am to Eurocat
quote:
This is what I could see Elizabeth Warren proposing.
GOP would crap their pants in opposition.
Now? Cmon GOP, where are you.
Seriously?
And yet, you claimed in the OP that you "liked" the idea. Seriously, dude. You don't have anybody here fooled.
Posted on 1/10/26 at 9:41 am to FLTech
quote:
He's negotiating. This is how Trump negotiates .. he goes big and outrageous and then works his way down to what he actually wanted. He does this with everything.
Crazy how people still haven’t learned. Even after 10 years of Trump they are still like a cat with a laser pen.
Posted on 1/10/26 at 9:44 am to Eurocat
Department of Treasury can pull their licenses,
Banks get wealthy borrowing money for dirt cheap from the Goverment then lending it out for rates higher than giraffe pussy.
I wouldn’t mind if credit card use becomes less common while layaway makes a comeback.
Banks get wealthy borrowing money for dirt cheap from the Goverment then lending it out for rates higher than giraffe pussy.
I wouldn’t mind if credit card use becomes less common while layaway makes a comeback.
Posted on 1/10/26 at 9:54 am to Eurocat
I don’t know about authority to do it, but if rates are capped the effect will be more caution in issuing cards, which isn’t a bad thing.
And then the downstream effect is less household CC debt on average.
And then the downstream effect is less household CC debt on average.
This post was edited on 1/10/26 at 9:56 am
Posted on 1/10/26 at 10:04 am to Robin Masters
Let's say Trump really wanted $100. He wanted that $100 more than anything in the world.. he negotiates something like $1,000... People freak out. He ends up getting $500 for that $100 he really wanted
That's called the Art of the Deal and it's amazing to me that people (even smart normal people) have not figured this out about him yet (and they never will)
That's called the Art of the Deal and it's amazing to me that people (even smart normal people) have not figured this out about him yet (and they never will)
This post was edited on 1/10/26 at 10:05 am
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News