Last updated: 2026-01-11 06:40:40 ET
President Donald Trump says he wants a one-year, 10% cap on credit card interest rates
President Donald Trump, who has sought to emphasize affordability ahead of this year’s mid-term elections, did not specify how the proposal would be implemented.
'This is a mistake President': Bill Ackman responds to Trump's call for a one-year 10% cap on credit card interest
U.S. President Donald Trump did not provide details on how his plan would come to fruition or how he planned to make credit card companies comply.
'AFFORDABILITY'
Carrying credit-card debt has become increasingly expensive over the past several years, but some warn that lower interest rates could reduce credit a...
President Trump called for a one-year cap on credit card interest rates late Friday, an idea that has drawn strong support from lawmakers in both part...
The president revived a campaign promise he has not actively pursued since taking office.
Trump calls for a one-year 10% cap on credit card interest in a Truth Social post
December's jobs report, released on Friday, caps off a sluggish year for employers and workers. The U.S. economy only added 50,000 jobs last month, ma...
