The biggest credit-card issuers collected about $146 billion in revenue last year from America’s reliance on debt. The combined results from JPMorgan Chase, American Express, Capital One and Citigroup ...

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% ...

Recently, President Trump called for a year-long credit card interest rate cap of 10% starting on Jan. 20, 2026. While this deadline has passed, he reiterated this request and urged Congress to act ...

President Trump's proposal to cap credit card interest rates at 10% for one year could save consumers billions of dollars but hurt Americans with lower credit scores, according to financial experts.

WASHINGTON — President Donald Trump's headline-grabbing ultimatum for a 10% interest rate cap on credit cards failed to materialize by his self-imposed deadline of January 20th. Processing Content ...

On Friday, President Donald Trump called for capping credit card interest rates at 10% for one year, posting on Truth Social that Americans are being “ripped off” by issuers. Experts say that won’t ...

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A decades-long drive to cap credit card interest rates has received a sudden jolt from President Donald Trump — and widespread pushback from banks. Trump said Friday he wants to put a one-year 10% cap ...

Industry experts agree that a 10% interest rate cap could lead to the cancellation or severe restriction of credit card accounts for up to 90% of cardholders – specifically those with credit scores ...

President Donald Trump has floated the idea of putting a one-year cap on credit card interest rates at 10%. "They've really abused the public," Trump told reporters aboard Air Force One Monday, ...

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