Donald Trump’s crusade against usury reaches Wall Street
KING HAMMURABI of Babylon, Oliver Cromwell and Donald Trump have little in common. But when it comes to loans, the American president is of one mind with the other two: high interest rates are evil and must be exorcised. Having long badgered the Federal Reserve to cut them, America’s lord consumer-protector is increasingly going after supposed usurers in the private sector.
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