GOP senator pushes Trump's 10% credit card rate cap as party leaders push back
Fox News
Sen. Roger Marshall, R-Kan., plans to introduce bipartisan legislation to cap credit card interest rates at 10%, following President Donald Trump's demand to do so by Jan. 20.
Alex Miller is a writer for Fox News Digital covering the U.S. Senate.
Marshall’s bill, the Consumer Affordability Protection Act, would temporarily limit the amount that credit card companies could charge for one year, capping the ceiling at Trump’s desired rate of 10%.
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Sen. Roger Marshall, R-Kan., plans to introduce bipartisan legislation to cap credit card interest rates at 10%, following President Donald Trump's demand to do so by Jan. 20.
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