The Coffman Chronicle

The Coffman Chronicle

Trump’s Credit Card Trap: Populist Theater, Real GOP Chaos

He doesn’t want to cap your interest rate. He wants Republicans to take the fall for not doing it.

Team Coffman Chronicle's avatar
Team Coffman Chronicle
Jan 20, 2026
∙ Paid

In an election season dominated by inflation, housing insecurity, and healthcare debates, no one expected credit card interest rates to become the newest flashpoint in American politics. Yet in a moment that caught even his own party off guard, President Donald Trump announced in early January that credit card interest rates should be capped at 10%. The…

User's avatar

Continue reading this post for free, courtesy of Tony Michaels.

Or purchase a paid subscription.
© 2026 Tony Michaels · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture