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US House Speaker Johnson says credit card rate cap should be looked into by Congress

US House Speaker Johnson says credit card rate cap should be looked into by Congress

101 finance101 finance2026/01/13 16:12
By:101 finance

WASHINGTON, Jan 13 (Reuters) - ​U.S. ‌House Speaker ‌Mike Johnson on Tuesday said ⁠Congress ‌should explore ‍President Donald Trump's idea ​of ‌imposing a cap on credit card interest ⁠rates ​but ​warned of the possibility ‍of "negative ⁠secondary effects."

(Reporting ⁠by Richard ‌Cowan, Katharine ‌Jackson)

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