“While working Americans catch up, we’re going to put a temporary cap on credit card interest rates,” Trump spoke to a packed audience during a campaign rally in New York on Sept. 18. “We’re going to cap it at around 10%. We can’t let them make 25 and 30%.”

After Republican presidential nominee Donald Trump said he intends to place a temporary cap on credit card interest rates, many felt the plan would create a large constriction of credit.

Donald Trump made headlines Wednesday night, promising a crowd in New York he would, if restored to the White House, put a “temporary cap on credit card interest rates … at around 10%,” if he were elected.

Donald Trump’s policies aren’t actual policies. There’s no point in taking these ideas seriously, because he doesn’t take them seriously.

Former President Donald Trump promised the country he would place a temporary cap on credit card interest rates if he returns to the White House. Speaking to New York supporters at a Long Island rally,