Johnson warns 10 percent credit card interest rate cap could have unintended consequences
- Posted on January 13, 2026
- By The Hill
- 5 Views
Johnson warns 10 percent credit card interest rate cap could have unintended consequences
Speaker Mike Johnson (R-La.) warned that President Trump’s proposal calling for a one-year 10 percent cap on credit card interest rates could have “negative secondary effects.” Johnson told reporte…
