President Donald Trump has said his plan to impose a temporary cap on credit card interest rates would curb “abuse” by U.S. lenders, but this has faced pushback from the banking industry, and experts ...

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% ...

In a move aimed at easing economic pressures on American households, President Trump is calling for a temporary 10% cap on credit-card interest rates. Trump didn’t offer any details on how the ...

Bill Ackman said President Donald Trump's call for a one-year cap on credit card interest was a "mistake." The hedge fund billionaire said a rate cap could lead to millions having credit cards ...

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 ...

This is read by an automated voice. Please report any issues or inconsistencies here. Following an exceptionally wet December, death cap mushrooms are blooming across the state, resulting in an ...

Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47 percent of credit cardholders report having a credit card ...

Jan 12 (Reuters) - 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, ...

US President Donald Trump on Friday announced he is calling for a one-year cap on credit card interest rates at 10%, effective January 20, 2026, which would mark the first anniversary of his second ...

The president revived a campaign promise he has not actively pursued since taking office. By Stacy Cowley President Trump on Friday called for a one-year cap limiting credit card interest rates to 10 ...

President Trump’s economic adviser said Friday that the administration has been in touch with major banks regarding the administration’s proposal to temporarily cap credit card interest rates amid ...