Senator Elizabeth Warren, Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, issued a statement describing a speech and a subsequent call from President Donald Trump in which she pressed him to use his leverage to advance affordability measures. Warren said she told the President that Congress could pass legislation to cap credit card interest rates if he supports it, and urged him to get House Republicans to pass the bipartisan ROAD to Housing Act, which she noted passed the Senate with unanimous support and would build more housing and lower costs.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2026-01-12
U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member urges President Trump to back a credit card interest rate cap and the ROAD to Housing Act
Senator Elizabeth Warren, Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, urged President Donald Trump to support legislation capping credit card interest rates and to persuade House Republicans to pass the bipartisan ROAD to Housing Act, which aims to increase housing supply and reduce costs.