As part of a broader effort to address the affordability crisis, President Trump has proposed capping credit card interest rates at 10% for one year and called for passage of the Credit Card ...
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 ...
DELRAY BEACH, Fla., Jan. 13, 2026 /PRNewswire/ -- Today FinanceBuzz, a personal finance website focused on helping consumers build financial confidence, announced the winners of its 2026 Best of ...
Trump proposed a 10% cap on credit card interest, sending financial stocks tumbling on Monday. UBS said the plan would have unintended negative effects. Rather than offer cheaper credit cards, many ...
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 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 ...
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 ...
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 Donald Trump on Friday called for a one-year, 10% cap on credit card interest rates, saying the American public is being “ripped off” in a Truth Social post. Trump called for the cap to come ...
President Donald Trump announced Friday he is calling for a one-year cap limiting credit card interest rates to 10%. Trump blamed the Biden administration for allowing rates to rise as high as 20–30%, ...
NEW YORK (AP) — Reviving a campaign pledge, President Donald Trump wants a one-year, 10 percent cap on credit card interest rates. The move could save Americans tens of billions of dollars—and aligns ...
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