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Trump floats 10% credit card interest rate cap

Visa, Mastercard slump on Trump’s credit card cap plan. Why the proposal could help the stocks.

Analysts at Mizuho and Morgan Stanley reiterate buy-equivalent ratings for Visa and Mastercard after Trump proposes a cap on credit card rates.

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Big Banks Are Already Flashing Glaring Warning Signs About Trump's 10% Credit Card Cap

· 5d · on MSN

Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk

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Big Banks Report Soaring Profits Amid Tensions With Trump Over Credit Card Interest Rates

The latest trio of big banks reported their results Wednesday — Bank of America, Citigroup and Wells Fargo — and while each of them do different flavors of banking the theme is the same: profits are u...

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Cracks Begin to Appear at the Nation’s Biggest Banks

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Wall Street hits back at Trump’s plan to limit interest on credit cards

Las Vegas Sun · 1d

Trump’s proposed 10% cap on credit card APR could hurt low- and middle-income earners

Industry analysis submitted by the Electronic Payments Coalition estimates that between 82% and 88% of existing card accounts — essentially all accounts tied to credit scores under 740 — would be clos...

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Here's What Could Happen if Trump's 10% Credit Card Interest Cap Gets Approved

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Jackson neighbors rate the economy under President Trump

Stocktwits on MSN

Visa, Mastercard in trouble again? Trump revives Credit Card Competition Act to end ‘swipe fee ripoff’

The Credit Card Competition Act, introduced in 2023, is legislation that would “enhance competition and choice in the credit card network market, which is currently dominated by the Visa-Mastercard duopoly.

Visa, Mastercard Shares Drop After Trump Endorses Credit-Card Bill

Shares of the world’s largest payment networks fell after President Trump took to his Truth Social platform early Tuesday morning to endorse the Credit Card Competition Act. Visa dropped 4.5% in Tuesday trading,