PolitiQuote

Discover video-sourced quotes by politicians

Elizabeth Warren: “According to the Century Foundation, every day that Trump…”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

Watch on YouTube

Donald Trump promised to cap credit card interest rates at 10% months ago.

Published | Video Starts at 00:23

Well, okay, it's been six months. Credit card interest rates are still well above 25%. And President Trump has failed to follow through on his promise. According to the Century Foundation, every day that Trump fails to enforce his cap, American families rack up an additional $368 million in credit card debt. every single day. That means that American families have accrued an additional $55 billion in interest because Trump failed to deliver. You know, that's a lot of money. (00:23–00:38)

CLAIM

Asserts that American families accumulate $368 million in credit card debt daily due to Trump's inaction, according to the Century Foundation.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Elizabeth Warren

Discover more from

Elizabeth Warren

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.