President Trump's directive for a one-year 10% cap on credit card interest rates faces resistance from financial institutions, citing legal ambiguities and potential economic repercussions.
CBS News • 20 Jan 20:33
President Trump's directive for a one-year 10% cap on credit card interest rates faces resistance from financial institutions, citing legal ambiguities and potential economic repercussions.
HuffPost • 20 Jan 15:18
U.S. bank stocks fell as investors awaited clarity on the Trump administration's proposed 10% cap on credit card interest rates, set to take effect on January 20.
ABC News • 17 Jan 15:08
As President Trump's January 20 deadline for a 10% cap on credit card interest rates approaches, the financial industry remains uncertain about enforcement and potential consequences.
AP News • 17 Jan 13:49
As President Trump's January 20 deadline for a 10% cap on credit card interest rates approaches, the White House has yet to clarify enforcement measures, leaving banks and consumer groups uncertain.
CNBC • 16 Jan 18:48
The White House is discussing with major banks the voluntary issuance of 'Trump cards' featuring a 10% interest rate cap, following President Trump's call for more affordable credit options.
Bloomberg.com • 14 Jan 15:18
Citigroup's CFO Mark Mason cautions that a proposed cap on credit card interest rates could restrict credit access and negatively impact the economy.
CBS News • 13 Jan 15:03
President Trump has proposed a one-year cap limiting credit card interest rates to 10%, aiming to alleviate financial burdens on consumers.
CNBC • 12 Jan 09:52
President Donald Trump has proposed a one-year cap on credit card interest rates at 10%, aiming to alleviate financial burdens on consumers. The announcement has led to declines in financial stocks and sparked debate over its potential impact on credit availability.
abcnews.go.com • 10 Jan 17:11
President Donald Trump has proposed a one-year cap of 10% on credit card interest rates, aiming to provide financial relief to Americans, though the plan faces opposition from the banking industry.
AP News • 10 Jan 16:30
President Donald Trump has proposed a one-year cap of 10% on credit card interest rates, aiming to provide financial relief to consumers, though the plan faces opposition from the banking industry.
CNBC • 10 Jan 11:55
President Donald Trump has called for a one-year cap on credit card interest rates at 10%, effective January 20, 2026, aiming to alleviate financial burdens on consumers.
cbsnews.com • 10 Jan 03:24
President Donald Trump has proposed a one-year cap on credit card interest rates at 10%, effective January 20, 2026, aiming to alleviate financial burdens on consumers.
CNN • 10 Jan 01:56
President Donald Trump has announced a proposal to cap credit card interest rates at 10% for one year, starting January 20, 2026, aiming to alleviate financial burdens on American consumers.
