Buck Sexton

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Welcome back in, Clay Travis, Buck Sexton Show.

We thank all of you for hanging out with us.

We are talking about a lot of different topics

Stories out there that continue to get much attention.

Minneapolis, the Supreme Court decision coming now in the wake of the oral arguments that were heard in the trans sports related issue.

But, Buck, you said as we were, I think it was last hour, right before we had Senator Ted Cruz on, we were discussing the credit card debt idea.

And in particular, President Trump tweeted that he was going to try to cap credit card interest rates at 10%.

Right now, I believe the interest rates have crept up often north of 20% is the current credit card rate.

So I've got a couple of thoughts on this.

To me, basically what we talk about when we talk about credit card interest rates is...

What is the rate that we will allow to happen, right?

Because we're basically capping them at 25%-ish and saying that's as high as we will allow them to go.

36%.

Is that as high as it's allowed under traditional credit cards?

It may partly be state determinant, too.

I will be honest with everybody out there.

I am not an expert on credit card interest rates or what the rates are that are allowed.