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Donald Trump calls for credit card interest rates to be capped at 10%
President demands one-year limit should come into force on January 20 but gave no details
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ft.com
Trump takes on the world in week of shock and awe
US president went from assessing ballroom tiles to instigating regime change and attacking PE firms in tumultuous start to 2026
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Donald Trump calls for credit card interest rates to be capped at 10%
President demands one-year limit should come into force on January 20 but gave no details
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Shares in US credit card issuers slide after Trump calls for 10% rate cap
White House’s demand for limit on what issuers can charge rattles investors
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bbc.com
Trump plan to cap credit card costs hits bank shares
The US president has called for interest rates on credit cards to be capped at 10% for one year.
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Trump hits banks where it hurts: their credit card divisions
Lenders say a cap on interest rates is unfair as they need a generous margin in order to offer unsecured credit
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Donald Trump’s foolhardy assault on the Federal Reserve
Independence of US central bank is a vital anchor for the global financial system
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aljazeera.com
Trump wants to cap credit card interest rates at 10%. Would that work?
Capping borrowing costs in the US has bipartisan support, but experts warn of unintended consequences.