Price Controls Won’t Work Any Better for Republicans Than It Does Democrats

Demonizing greedy bankers and landlords is the last refuge of the poorly polling politician.
And, as affordability remains a leading issue among voters, the Trump administration has regularly used rhetoric and ideas that mirror those of progressive Democrats like Zohran Mamdani.
Take the president’s recent idea for capping credit card interest rates at 10%. Or rather, the idea that’s already proposed in a bill sponsored by Sens. Bernie Sanders and Josh Hawley. “They’ve really abused the public,” the president said of credit card companies. “I’m not going to let it happen.”
This probably feels…
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