Ever wonder whatever happened to Trump's promise to cap credit card interest at 10 percent?
Here's what happened to it.
Back in January, Trump called for a hard 10 percent cap, at least for a year, to give families buried under 20-plus percent rates some breathing room.
He even got Bernie Sanders and Josh Hawley to write the bill together. When Bernie and MAGA land on the same page, you know the little guy actually had a shot.
Then the banks showed up. The lobby swarmed Capitol Hill, and the bill's been parked in committee ever since. No vote. No cap.
Banks claimed if they are capped at 10% they couldn't offer credit to those with low credit scores.
And people forget, a president can't just snap his fingers and cap rates. It takes Congress. And Congress answered to the banks, not to you.
Trump put it on the table. The swamp sat on it!