cross-posted from: https://discuss.online/post/33753818

On Friday, he demanded on his Truth Social platform that credit card companies cap their interest rates for a year starting Jan. 20.

But when asked just two days later what would happen if credit card companies didn’t comply by Jan. 20, the president seemed to think the request had been codified into law. “Well, then they’re in violation of the law. Very severe things,” he told a reporter aboard Air Force One on Sunday.