Birdwatch Note
2024-09-19 19:43:56 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
The U.S. president does not have the authority to unilaterally cap credit card interest rates. Interest rate caps typically fall under legislative authority. https://www.cato.org/commentary/trumps-latest-credit-card-interest-rate-caps
Written by BE26CE1C429AEFC21371109B06F9451F5EA5C9893632E97794921308AEB4508D
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- noteId - 1836853755079221617
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- noteAuthorParticipantId - BE26CE1C429AEFC21371109B06F9451F5EA5C9893632E97794921308AEB4508D Participant Details
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- tweetId - 1836840934417539098
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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- summary
- The U.S. president does not have the authority to unilaterally cap credit card interest rates. Interest rate caps typically fall under legislative authority. https://www.cato.org/commentary/trumps-latest-credit-card-interest-rate-caps
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