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 ...

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% ...

Breaking up with credit cards? Learn actionable tips and strategies to stop using credit cards and achieve financial freedom. Get control of your money today! Canada's Carney fires back at Trump after ...

President Trump on Friday called on credit card companies to cap interest rates at 10% for one year, beginning later this month. “Please be informed that we will no longer let the American Public be ...

The Trump administration is floating a new proposal aimed at expanding access to credit cards after the president's calls for a 10% cap on credit card interest rates were met with pushback from the ...

House Speaker Mike Johnson, R-La., pushed back on a proposal from President Donald Trump to cap the interest that credit card companies can charge borrowers. "I talked with him about it briefly ...

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 ...

Forbes contributors publish independent expert analyses and insights. Hersh Shefrin analyzes how psychology impacts markets and policy. Form showing credit card high interest rates. (Photo by: Michael ...

President Trump on Friday night called on credit card companies to cap interest rates at 10 percent. “Please be informed that we will no longer let the American Public be ‘ripped off’ by Credit Card ...

President Trump called for credit-card interest rates to be capped at 10% for one year in his latest attempt to address voter concern about the stubbornly high cost of living. “Please be informed that ...

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 ...

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 ...