Credit card rate caps are dead as disco
This article was originally featured in American Thinker. Written by Brian Darling.
The United States Hispanic Business Council (USHBC) is highlighted in a recent American Thinker piece examining renewed proposals to cap credit card interest rates and the potential consequences for American consumers and small businesses.
In the article, USHBC President & CEO Javier Palomarez stresses that protecting access to credit is essential for working families and entrepreneurs who rely on flexible financing to manage expenses, invest in growth, and navigate economic uncertainty. As noted, credit card spending represents a significant share of personal expenditures and overall GDP, underscoring how closely access to credit is tied to broader economic stability.
Read the full article in American Thinker.