Name: Trump's 10% Credit Card Cap | The Drill Down | Ep. 252
Uploaded: 2026-01-14T22:14:52+00:00
Duration: 24 min 45 s
Description: President Trump’s proposal to cap credit card interest rates at 10 percent is framed as a populist affordability fix, but it creates severe economic distortions. In this episode, Carol Roth joins Eric

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Podcasts Republican Politics

President Trump’s proposal to cap credit card interest rates at 10 percent is framed as a populist affordability fix, but it creates severe economic distortions. In this episode, Carol Roth joins Eric Eggers to suggest that price controls on credit create predictable consequences, including reduced access to credit, increased upfront fees, and a shift toward riskier lending alternatives. Credit card interest rates are described as egregious, but personal responsibility remains the primary solution for consumers carrying balances. The deeper affordability crisis is traced to structural policy failures, including student debt and healthcare costs, where government intervention directly inflated prices and transferred wealth to institutional beneficiaries. The episode also highlights a housing market trapped by high rates and proposes mortgage assumability as a market-based reform that restores mobility and affordability without distortive caps.

Chapters
00:00 Trump Proposes a 10 Percent Credit Card Cap
02:05 Why Price Controls Backfire
04:18 Who Loses Access to Credit
05:05 Americans Are Drowning in Fees and Debt
08:32 Personal Responsibility and the Real Fix
09:25 The Affordability Crisis That Is Not Your Fault
14:06 Student Loans Are the Real Predatory Lending
15:38 Healthcare Costs and the Next Reform Fight
16:08 A Better Fix for Housing and Mortgages
19:38 Why Student Loan Reform Never Happens
22:06 The Hard Truth About Getting Out of Debt