America 2025 - 2028: Chronicles of the newest Federal regime and Presidency

    Biden's horrible credit card policy??

So, the asshole-in-the-Oval is now calling for a 10% cap on credit card interest rates, supposedly because he is concerned "American public are being ripped off!"
Probably true to some extent, since the vast majority of banks are doing very well!

   But an interesting backstory:
[the trump regime] last year ditched an $8 credit card fee limit imposed by the Biden administration. The Consumer Financial Protection Bureau at the time estimated that the Biden administration’s positive action would save families more than $10 billion a year by cutting fees to $8 from an average of $32.
The Trump Badministration last year joined sides with the wealthy banks that had sued to stop Biden's rule’s enactment.

Strange about face??

Not really!  

By ditching Biden's money-saving rule and now trying to enact his own on credit cards, trump would then get to claim all the credit for helping Americans  - while simultaneously blaming Joe Biden and all Democrats ! 

Some republicans growing a backbone? 

HUFFFPOST WASHINGTON –

Both chambers of Congress rebuked the president
on Thursday, with the Senate advancing a bipartisan
resolution limiting military action in Venezuela and
the GOP-controlled House voting to pass
a Democratic bill extending Obamacare subsidies!