Washington, D.C., January 23, 2026 — Appearing on Newsmax, Tim Phillips, Director of Government Affairs and Global Strategies at Nestpoint, offered a measured assessment of proposals to cap credit card interest rates while voicing strong support for efforts aimed at restoring housing affordability and homeownership for American families.

Phillips cautioned that government-imposed interest rate caps, while politically attractive, risk unintended consequences for consumers. He warned that placing arbitrary limits on credit pricing could restrict access to credit and ultimately increase costs for many Americans. Drawing on historical precedent, Phillips argued that similar proposals have consistently failed to improve economic outcomes and often result in fewer options for working households.

Turning to housing policy, Phillips praised President Trump’s executive order barring large institutional investors from purchasing single-family homes, framing the move as a necessary step to protect individual buyers. “This is the American dream—homeownership—and we need to do everything we can while still growing the economy to make sure Americans can afford this,” he said.

Phillips also highlighted the importance of implementation, noting that Treasury Secretary Scott Bessent has been given a 30-day window to evaluate how best to execute the order. He described the process as a common-sense effort designed to ensure the policy delivers tangible benefits without disrupting housing markets.

Throughout the discussion, Phillips underscored Nestpoint’s perspective on economic policy—favoring market-driven solutions, regulatory restraint, and targeted reforms that expand opportunity without distorting access to capital.

The discussion originally aired on Newsmax on January 23, 2026. You can watch it here.

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About Nestpoint

Nestpoint, with a global footprint and a formidable presence in Washington, D.C., is a leading government affairs, finance, and private equity firm. As a strategic ally, Nestpoint transforms challenges into opportunities through its expertise in policy influence, global networks, and financial innovation, delivering customized solutions for sustained client success. Nestpoint advises multibillion-dollar companies in the manufacturing, energy, and technology sectors as well as foreign nations.