And they charge Americans interest rates of 28%, 30%, 31%, 32%. Whatever happened to usury? So to help our citizens recover from the Biden disaster, all caused by this horrible, just horrible president, I'm asking Congress to cap credit card interest rates at 10% for one year. And this will help millions of Americans save for a home. They have no IDEA they're paying 28%. They go out there a little late in their payment and they end up losing their house. (51:11–51:18)
CLAIM
Proposes a temporary cap on credit card interest rates at 10%.
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