MetaMaximalist
There's growing tension around the push to lower credit card interest rates. While the proposal sounds consumer-friendly on the surface, House Speaker Mike Johnson has raised concerns about the potential downside—arguing that aggressive rate cuts could have unintended consequences for the broader financial system.
The debate highlights a classic economic dilemma: short-term relief versus long-term stability. Lower credit card rates might ease borrowing costs for consumers, but critics warn it could squeeze lending margins, affect credit availability, or create ripple effects across financial m
The debate highlights a classic economic dilemma: short-term relief versus long-term stability. Lower credit card rates might ease borrowing costs for consumers, but critics warn it could squeeze lending margins, affect credit availability, or create ripple effects across financial m