And delinquencies are at the highest since the crash of 2008. So let's talk about affordability. In January, President Trump promised to cap credit card interest rates. He politely asked the biggest banks to put in place a one year, 10% cap by January 20th. Now, Ms. Johnson, your organization represents some of the biggest banks in the country. (01:28–01:35)
CLAIM
Asserts that President Trump promised to cap credit card interest rates in January.
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.
