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Jammu & kashmir News

The Economic Times

Jammu & kashmir / The Economic Times

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US weighs executive action to cap credit card rates, Bloomberg News reports

The White House is exploring an executive order to limit credit card interest rates. This move aims to reduce costs for Americans. Administration officials are discussing the details with industry leaders and Congress. The plan is part of a wider effort to ease financial burdens on citizens. This initiative reflects a significant policy consideration.

17 Jan 2026 7:04 am