S15 EP6: Hour 3 - The Dumb Credit Card Idea
The Erick Erickson Show
Erick Erickson
4.5 • 876 Ratings
🗓️ 12 January 2026
⏱️ 37 minutes
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Summary
President Trump adopts one of the worst economic ideas out there with capping credit card interest.
Transcript
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| 0:00.0 | How would you like a 15% discount to my daily email, the stack of stuff, the show notes, |
| 0:05.4 | discounts to the conference, all of that. |
| 0:07.2 | All you need to do is text the word show to 33777. |
| 0:11.5 | You'll get the annual subscription with a 15% discount to my daily email. |
| 0:16.8 | You'll get the stack of stuff, the links to the show notes, discounts to the conference, |
| 0:20.1 | and so much more. |
| 0:21.4 | All you have to do is text the word show, S-H-O-W, to 33-777-7. |
| 0:27.4 | Text show to 33-777-7. |
| 0:34.1 | Welcome to the Eric Erickson Show podcast, Our Three. |
| 0:42.7 | Welcome, it is Eric Erickson here. |
| 0:44.9 | There's some breaking news I got to tell you about. |
| 0:47.4 | French Hill is the congressman for the second district of Arkansas, notably. |
| 0:58.4 | He's the chairman of the Finance Committee, |
| 1:02.0 | a Committee on Financial Services in the U.S. House of Representatives. |
| 1:08.2 | He has just released this statement, quote, I've known Chairman Powell since we worked together at Treasury during the George H.W. Bush administration. |
| 1:10.5 | Then as now, |
| 1:11.7 | I know Mr. Powell to be a man of integrity with a strong commitment to public service. |
| 1:15.3 | While over the years, we've had our policy disagreements. I found him to be forthright, |
| 1:18.7 | candid, and a person of the highest integrity, pursuing criminal charges related to his testimony |
| 1:24.4 | on building renovations at a time when the nation's economy requires focus, |
| 1:29.4 | creates an unnecessary distraction. The Federal Reserve is led by strong, capable individuals |
| 1:34.7 | appointed by President Trump, and this action could undermine this and future administration's ability |
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