President Donald Trump called for a temporary 10% cap on credit card interest rates but did not provide details on how his plan would come to fruition or how he planned to make credit card issuers ...
A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, pressure bank profits ...
LOUISVILLE, Ky. (WAVE) - What would President Trump’s proposed 10% credit card cap mean for you if the legislation is passed by Congress? Private credit expert and financial thought leader Dean ...
On Friday, Jan. 9, President Trump shared a message on Truth Social calling for a credit card interest rate cap starting Jan. 20, 2026 — just 11 days after posting. His proposal would cap rates at 10% ...
President Donald Trump is calling for a 10% cap on credit card interest rates. The average credit card interest rate was recently reported to be between 19.65% and 21.39%. Bipartisan bills to cap ...
President Donald Trump's call for a 10% cap on credit card interest rates could impact access to credit cards for many American consumers while also impacting small businesses. Trump on Friday ...