ICYMI: Quick Fixes Like Rate Caps Won't Solve the Affordability Crisis
October 22, 2026
October 22, 2026
WASHINGTON, Oct. 22 [Category: Financial Services] -- The Consumer Bankers Association posted the following news release:
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ICYMI: Quick Fixes Like Rate Caps Won't Solve the Affordability Crisis
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A New York Times Guest Essay by Biden Treasury Official highlights how credit card rate caps harm consumers, "making it harder for the poorest borrowers to get access to credit at all."
WASHINGTON, D.C. - A New York Tim . . .
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ICYMI: Quick Fixes Like Rate Caps Won't Solve the Affordability Crisis
*
A New York Times Guest Essay by Biden Treasury Official highlights how credit card rate caps harm consumers, "making it harder for the poorest borrowers to get access to credit at all."
WASHINGTON, D.C. - A New York Tim . . .