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Elizabeth Warren: “It's $57 billion in credit card interest rate above 10% that…”

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

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Witness Trembles As Elizabeth Warren Grills Her On Trump's Lie To Lower Credit Card Interest Rates

Published | Video Starts at 03:46

So again, I want to go back to what's the number, the rate. So we have not done that calculation. I'll bet you haven't done that calculation. But here's the thing. I have. It's $57 billion in credit card interest rate above 10% that Americans have paid since January 20th. By the way, if you just do the math, that's 368 million a day. Now, President Trump promised he was going to make banks lower interest, credit card interest rates for families by January 50, January 20. (03:46–03:58)

CLAIM

Asserts that Americans have paid $57 billion in credit card interest above 10% since January 20th.

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