US Borrowers Owe $1 Trillion in Credit Card Debt. Could an Interest Cap Help?

On today’s Big Take podcast: President Trump has revived a campaign pledge to cap credit card interest at 10%, taking aim at a major source of revenue for big banks.

By Julia Press, Sarah Holder, Rachael Lewis-Krisky · Bloomberg

On today’s Big Take podcast: President Trump has revived a campaign pledge to cap credit card interest at 10%, taking aim at a major source of revenue for big banks.