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Trump's Bold Moves: Caps on Interest Rates and Housing Reform

1/14/2026

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Story summary
  • U.S. President Donald Trump seeks policy ideas from progressives to address affordability ahead of the midterm elections.
  • Trump proposes a 10% cap on credit card interest rates.
  • Trump would ban large investors from buying housing.
  • Critics, including Senator Elizabeth Warren, say Trump has raised costs for families and must act.
  • Minneapolis Mayor Jacob Frey has emerged as a vocal figure after an ICE shooting, following his recent re-election.