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Trumpi | 1 month ago

In Trump's original post, he is "calling for" the rate cap, which I interpret differently to "mandating" a rate cap. The Guardian article seems to think that the executive has no authority to compel banks to comply, and this might well be the reason he is merely "calling for" this rate cap.

And if this is the correct interpretation, then this was communicated in a very confusing way.

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