fromTearsheet
1 week agoMicro case studies: The feud over interest rate caps and the murky future of agentic commerce - Tearsheet
If this is enacted-and that's a big if, though part of me hopes it is-we would likely see a significant contraction in industry credit card lending. Credit card issuers simply won't be able to sustain profitability at a 10% rate cap,
US politics