trump credit card interest - Brave Search

apnews.com › article › trump-credit-cards-interest-rates-savings-banks-dba221f122789427c1c625ba873c9b71

Trump pushes a 1-year, 10% cap on credit card interest rates. Banks balk | AP News

6 days ago - President Donald Trump says he wants a one-year, 10% cap on credit card interest rates. It's an idea that revives a campaign pledge and could save Americans tens of billions of dollars.

theguardian.com › us-news › 2026 › jan › 10 › trump-credit-card-interest-rate-cap

Trump announces one-year 10% cap on credit card interest rates | Donald Trump | The Guardian

5 days ago - Photograph: Aaron Schwartz/UPI/Shutterstock ... Donald Trump announced a one-year cap that would limit credit card interest rates to 10% this week, in a move that has prompted mixed reaction from lawmakers and beyond.

In the News

The biggest hurdle to Trump’s credit card proposals? His own party. - POLITICO

Johnson warns 10 percent credit card interest rate cap could have unintended consequences

Trump Targets Card Swipe Fees After Interest Rate Threats - Bloomberg

Trump floated a 10% credit card interest rate cap. Here's what that could mean for consumers. - CBS News

congress.gov › bill › 119th-congress › senate-bill › 381

S.381 - 119th Congress (2025-2026): 10 Percent Credit Card Interest Rate Cap Act | Congress.gov | Library of Congress

This bill temporarily caps credit card interest rates at 10%.

Discussions

Trump announces he will cap credit card APY at 10%.

Visa (V) and Mastercard (MA) – Payment networks aren’t dependent on APR income; they earn fees on transaction volume, which could hold up even with rate caps. More on reddit.com

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He’s trying to buy the public. Vote blue this midterm and clear house of MAGA. More on reddit.com

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Trump says he will temporarily cap credit card rates

trump says a lot More on reddit.com

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Trump calls for cap on credit card interest rates in latest appeal to affordability concerns

Hi all, A reminder that comments do need to be on-topic and engage with the article past the headline. Please make sure to read the article before commenting. Very short comments will automatically be removed by automod. Please avoid making comments that do not focus on the economic content or whose primary thesis rests on personal anecdotes. As always our comment rules can be found here I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns. More on reddit.com

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Videos

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foxnews.com › media › conservative-influencer-calls-out-trumps-credit-card-cap-proposal-socialists-support

Conservative influencer calls out Trump's credit card cap as proposal that 'socialists' support

Trump floated capping credit card interest rates at 10% for one year over the weekend, arguing it would help Americans catch up on their debt.

Published 6 hours ago

nytimes.com › 2026 › 01 › 14 › business › trump-credit-card-interest-rate-cap-banks.html

Why Banks Are So Worried About a 10% Credit Card Rate Cap - The New York Times

18 hours ago - President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality. ... President Trump posted on social media Friday night calling for a one-year 10 percent cap on credit card interest ...

thehill.com › homenews › 5686745-johnson-trump-credit-card-cap-concerns

Johnson warns 10 percent credit card interest rate cap could have unintended consequences

2 days ago - Speaker Mike Johnson (R-La.) warned that President Trump’s proposal calling for a one-year 10 percent cap on credit card interest rates could have “negative secondary effects.” Johnson told reporters on Tuesday that the proposal is one ...

axios.com › 2026 › 01 › 12 › trump-interest-rate-credit-cards

Credit card stocks sink after Trump proposes interest rate cap

3 days ago - He said he was calling for "a one year cap on Credit Card Interest Rates of 10%." Trump said the cap would be "effective January 20," and on Sunday claimed lenders would be "in violation of the law" if they did not comply.

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cbsnews.com › moneywatch › bilt offers credit cards with 10% apr after trump proposes interest cap

Bilt offers credit cards with temporary 10% APR after Trump proposes interest-rate cap - CBS News

1 day ago - The average credit card APR is around 24%, according to LendingTree, while people with poor credit can pay rates of up to 36%. Research from Vanderbilt University shows that Mr. Trump's proposal would save consumers — and cost credit issuers ...

cnbc.com › 2026 › 01 › 12 › trump-credit-card-interest-rate-cap.html

Trump floats 1-year, 10% credit card interest rate cap — what that could mean for your money

3 days ago - President Donald Trump called for a 10% cap on credit card interest rates. Here's what experts say that could mean for cardholders, if implemented.

cnbc.com › 2026 › 01 › 12 › trump-credit-card-limit-banks-jpmorgan-citi.html

Bank stocks slide after Trump calls for credit card interest rate limit

3 days ago - "Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%," Trump wrote, echoing a pledge he made in the 2024 presidential campaign.

reuters.com › business › finance › us-financial-stocks-fall-after-trump-calls-credit-card-rate-cap-2026-01-12

Financial stocks fall as Trump's credit card rate cap plan rattles investors | Reuters

4 days ago - Trump on Friday called for a 10% cap on the interest rate on credit cards starting January 20 without providing details on how he planned to make the companies comply.

foxbusiness.com › politics › trump-calls-one-year-10-cap-credit-card-interest-rates

President Trump calls for 1-year cap limiting credit card interest rates to 10% | Fox Business

President Donald Trump announced a proposed one-year cap on credit card interest rates at 10%, blaming the Biden administration for allowing rates to climb as high as 20–30%.

Published 1 week ago

bbc.com › news › articles › crmlkxjm88ko

Trump plan to cap credit card costs hits bank shares

4 days ago - "Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%," he wrote. "Please be informed that we will no longer let the American Public be 'ripped off' by Credit Card ...

finance.yahoo.com › news › big-banks-push-back-on-trumps-credit-card-cap-warning-of-significant-economic-slowdown-165046195.html

Big banks push back on Trump's credit card cap, warning of 'significant' economic slowdown

1 day ago - In a post on Truth Social last Friday, President Trump called for a "one year cap on Credit Card Interest Rates of 10%." The president has since doubled down on the proposal, saying banks that didn't comply by Jan. 20 would be in violation.

pbs.org › newshour › politics › banks-balk-as-trump-pushes-for-1-year-10-cap-on-credit-card-interest-rates

Banks balk as Trump pushes for 1-year, 10% cap on credit card interest rates | PBS News

5 days ago - Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner.

cnbc.com › 2026 › 01 › 10 › trump-calls-for-one-year-cap-on-credit-card-interest-rates-at-10percent.html

Trump calls for one-year cap on credit card interest rates at 10%

6 days ago - "Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%," Trump wrote on Truth Social, without providing more details.

thehill.com › homenews › administration › 5682596-trump-credit-card-interest

Trump calls for one-year 10 percent cap on credit card interest rates

6 days ago - “Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%. Coincidentally, the January 20th date will coincide with the one year anniversary of the historic and very ...

reuters.com › sustainability › boards-policy-regulation › trump-calls-one-year-cap-credit-card-interest-rates-10-2026-01-10

Trump calls for one-year cap on credit card interest rates at 10% | Reuters

6 days ago - WASHINGTON, Jan 10 (Reuters) - U.S. President Donald Trump said on Friday he was calling for a one-year cap on credit card interest rates at 10% starting on January 20 but he did not provide details on how his plan will come to fruition or how ...

foxnews.com › politics › gop-senator-pushes-trumps-10-credit-card-rate-cap-party-leaders-push-back

Sen Roger Marshall plans Trump-aligned bill to cap credit card interest rates at 10% | Fox News

20, the one-year anniversary of his inauguration to his second term in office. "AFFORDABILITY! Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%," Trump said ...

Published 18 hours ago

apnews.com › article › banks-trump-jamie-dimon-jpmorgan-credit-cards-bny-b4f31993a64c31687c91f17beab0a98a

Wall Street executives warn Trump: Stop attacking the Fed and credit card industry | AP News

2 days ago - With “affordability” likely to be a key issue in this year’s midterm elections, Trump wants to lower costs for consumers and says he wants a 10% cap on credit card interest rates in place by Jan.