Edward Lawrence

He wants to cap credit cards at 10 percent.

Now, the president is saying that when you charge those exorbitant fees, that puts pressure on the bottom line of American families so they can't afford those down payments.

He wants to use part 401k money for some of those down payments in there.

So the housing issue is really a big one we were looking for here.

We got a snippet of it.

Once that is final, Oracle will then be able to wall off data from American users from the Chinese government.

Now, Oracle will have the app source code, so any updates will come from the American company for American users.

Senior White House officials tell me the algorithm will be leased from China.

They say it will be retrained in America using only American data and then vetted before going to users in America.