TRUMP DECLARES U.S. “HOTTEST & MOST SUCCESSFUL,” ORDERS 10% CREDIT CARD RATE CAP

Описание: President Donald Trump intensified his 2026 midterm messaging this week, declaring the United States “the hottest and most successful country anywhere in the world,” as he rolled out a set of economic proposals aimed at consumer relief. Central to his announcements was a push to cap credit card interest rates at 10 % for one year, a dramatic reduction from the current average rates above 20 %. Trump framed the proposal as a fight against what he called Americans being “ripped off” by high-interest lenders — though major banks and financial institutions have expressed strong opposition, warning that such a cap could curb credit availability and push some borrowers toward costlier alternatives. �
The Washington Post + 1
In tandem, the White House has touted recent declines in mortgage rates, supported by federal purchases of mortgage bonds intended to improve housing affordability — moves designed to appeal to voters feeling cost-of-living pressures. Critics argue that while the headlines underscore populist policy aims, the mechanics of enforcing a credit-rate cap remain unclear without congressional backing. Trump’s emphasis on affordability, paired with assertions of U.S. economic strength, reflect a broader political strategy ahead of key elections later this year. �
The Washington Post
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