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

1 min readInvesting.com
US House Speaker Johnson says credit card rate cap should be looked into by CongressUS 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

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."