Should credit card interest rates be capped at 10%?

NameShould credit card interest rates be capped at 10%?
DescriptionAccording to reports, President Trump stated that credit card companies will be in "violation of the law" if they charge over 10% interest rates after January 20th. Supporters argue it protects consumers from high debt costs and predatory lending, while opponents contend it could limit credit access for riskier borrowers and raise costs for banks.
CircuitaMACI-1p1v
Voting system

Anonymous anti-collusion voting system, in which one voice credit equals one vote.

Proof systemGroth16
Zkey
Status
Round start

Round end

Operator
pubkey
x1607782157608483712553246099040873051306785917835049246876007916894112379696
y14059520410040849563190147759364730911132358932464380766501628560668341353896
Creator
Contract addressdora1z8dayg236utk4sc52q43k74f2jf4kmefhl4rmcwjxj03l0gwdx4sexv4g2
Block height

13,516,246 (at contract creation)

Voting options
  • Option 1

    Yes

  • Option 2

    No

Transactions in the round

Timestamp (UTC)StatusTypeRoundCircuitSenderTxn hashLink

Successop:deploydora1z8d…v4g2aMACI-1p1v1CFEE9…C41872

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