President Donald Trump called Sen. Elizabeth Warren, D-Mass., connected Monday to enactment unneurotic connected capping involvement rates connected recognition cards.
"He said helium wanted to enactment connected that, I said, 'Great, let's get thing done,'" Warren, the Senate Banking Committee ranking member, said connected Wednesday successful an interrogation connected CNBC's "Squawk Box."
Trump called Warren aft she gave a speech astatine the National Press Club, wherever she laid retired a strategy for Democrats to triumph backmost majorities successful the House and Senate successful the 2026 midterms. Warren has been a predominant people of Trump's ire implicit the years.
"My constituent was ... helium had not lifted a digit to effort to get thing done connected recognition paper involvement complaint caps," Warren said.
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Trump past week projected capping recognition paper involvement astatine 10% successful a Truth Social post.
Republicans connected Capitol Hill truthful acold person distanced themselves from Trump's recognition paper involvement headdress proposal, informing that it could bounds recognition availability for Americans.
"You gotta beryllium precise cautious if you spell guardant successful that, successful our zeal to bring down costs, you don't privation to person antagonistic secondary effects of that," House Speaker Mike Johnson said connected Tuesday during a press conference. "The occupation is, if you bash that, past the recognition paper companies ... they would conscionable halt lending wealth and possibly they headdress what radical are capable to get astatine a precise debased amount."
"It's thing that we've got to beryllium precise deliberate about," Johnson said.
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