Trump’s Credit Card Rate Cap Would Hurt the Poor
President Trump says Americans are being “ripped off” by credit card companies that charge interest rates of 30 percent or more.
President Trump says Americans are being “ripped off” by credit card companies that charge interest rates of 30 percent or more.
After having lived in California the past four years, I can attest to the near-insanity of progressive politics in this state, yet California’s very progressive governor, Gavin Newsom, is considered a front-runner for the Democratic Party’s nomination for president in 2028. Given how the Trump administration has helped to tank the economy through its tariffs, inflation, and outright regime uncertainty, there is a real possibility that Newsom can make California governance a reality for the entire country.
Whenever a new US president is sworn in, media pundits and court historians gush about the supposed “peaceful transfer of power” that is taking place. This has become a key tenet of the mythology and ideology surrounding democracy—that governing elites willfully abandon their control over the machinery of the state in response to election outcomes.
On Friday, six weeks after a deadline that was reluctantly signed into law by Trump, the Department of Justice released over 3 million documents related to the late sex offender Jeffrey Epstein. The drop caused a lot of discourse online over the weekend as journalists and investigators began poring through the documents.