Republicans distance themselves from Trump plan

  • Posted on February 2, 2026
  • By Bing News
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Republicans distance themselves from Trump plan

Republican lawmakers are increasingly distancing themselves from President Donald Trump’s proposal to impose a temporary 10 percent cap on credit card interest rates, highlighting a growing divide within the party over consumer protections and market intervention. As household credit card debt reaches record levels and delinquencies rise, Republicans are weighing the political appeal of cost...
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