Sen. Elizabeth Warren and President Trump, despite their differences, may find common ground on capping credit card interest rates. Trump recently proposed a 10% cap for one year, prompting Warren to emphasize the need for congressional action during a speech. Following her remarks, she stated that Trump called her, and she urged him to support bipartisan housing legislation. However, implementing such a cap could be challenging in a Republican-controlled Congress, and bank stocks fell after Trump’s announcement.
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