AP News
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
5 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.
The Guardian
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
4 days ago - 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
NYTimes
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
4 hours ago - President Trump posted on social media Friday night calling for a one-year 10 percent cap on credit card interest rates.Credit...Eric Lee for The New York Times
Can Trump's decision to place caps on credit card rates spur saving by reducing household consumption?
Non-approved user here, although I do use a credit card. When I heard this, I assumed entities that issue credit cards would just cancel cards for people who are higher risk of not paying their debt. Credit cards would only be available to affluent users. That would push more people to other short term lenders (pay day loans and similar) with the same or worse rates. Is that a reasonable prediction? More on reddit.com
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5 days agoTrump pushes a 1-year, 10% cap on credit card interest rates and banks balk
This mostly just bans credit cards for people who aren’t profitable to lend to below 10% interest rates. This is also a classic example of Trump moving to the left economically and Fox News Republicans acting like they’ve always been in favor of this kind of thing. More on reddit.com
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5 days agoTrump has announced he will begin controlling credit card interest rates, forbid arms manufacturer's executive bonuses and paying of dividends, and he will control which companies can operate in Venezuela. Is Trump a National Socialist?
Please use Good Faith and the Principle of Charity when commenting. Gender issues are currently under a moratorium , and posts and comments along those lines may be removed. Anti-semitism and calls for violence will not be tolerated, especially when discussing the Israeli-Palestinian conflict . 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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5 days agoTrump’s Proposed Credit Card Interest Cap: What It Means for Banks, Visa, and Mastercard
He just wants a bribe from the cc companies to shut him up More on reddit.com
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5 days agoVideos
02:28
Can Trump cap credit card rates for one year? Here's what to know.
07:32
Credit Card Rate Cap: Details on Trump's proposal - YouTube
03:20
What a 10% credit card interest rate cap could mean for borrowers ...
03:21
Trump eyes 10% credit card interest rate cap to boost affordability ...
03:34
Trump floats 'life-changing' credit card rule amid affordability ...
03:26
Trump pushes for cap on credit card interest rates - YouTube
Fox News
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
Sen. Roger Marshall, R-Kan., plans to introduce bipartisan legislation to cap credit card interest rates at 10%, following President Donald Trump's demand to do so by Jan. 20.
Published 4 hours ago
CNBC
cnbc.com › 2026 › 01 › 14 › warren-trump-credit-card-interest-rate-affordability.html
Sen. Warren says Trump called her to work on credit card interest rate caps
1 day ago - President Donald Trump called Sen. Elizabeth Warren, D-Mass., on Monday to work together on capping interest rates on credit cards.
Daily Mail
dailymail.co.uk › yourmoney › article-15459965 › trump-credit-card-rate-cap-jpmorgan.html
World's biggest bank has stunning rebuke for Trump over president's credit card plan | Daily Mail Online
1 day ago - President Donald Trump has set out to cap interest rates on credit cards, and America's biggest bank is not amused.
Washington Post
washingtonpost.com › business › personal finance
You don't need Trump to cap your credit card interest. Just use this script. - The Washington Post
1 day ago - President Donald Trump called for a one-year cap of 10 percent on credit card interest rates, effective Jan.
Newsweek
newsweek.com › politics
Donald Trump Finally Proposes Something Democrats Like - Newsweek
2 days ago - It’s a lot cheaper than invading another country and getting people to rally around the flag.” · Senator Bernie Sanders wrote to X on Friday, before Trump’s Truth Social post: "Trump promised to cap credit card interest rates at 10 percent ...
PBS NewsHour
pbs.org › newshour › economy › stop-attacking-the-fed-and-credit-card-industry-wall-street-executives-warn-trump
Stop attacking the Fed and credit card industry, Wall Street executives warn Trump | PBS News
1 day 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.
Fox Business
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 6 days ago
Reuters
reuters.com › business › finance › jpmorgan-cfo-warns-credit-card-rate-cap-could-hurt-us-consumers-economy-2026-01-13
JPMorgan says Trump's credit card cap would hurt consumers and the economy | Reuters
2 days ago - Top JPMorgan executives including CEO Jamie Dimon warned President Donald Trump's proposed 10% cap on credit card interest rates would severely hurt consumers, adding their voices to growing industry pushback.
Bloomberg
bloomberg.com › news › articles › 2026-01-14 › bilt-unveils-credit-cards-capped-at-10-after-trump-s-demands
Bilt Unveils Credit Cards Capped at 10% After Trump Demands - Bloomberg
1 day ago - Bilt is unveiling three new credit cards with interest rates capped at 10%, days after President Donald Trump threatened lenders that failed to do so.
Trump Card
trumpcard.gov
The Trump Gold Card
Foreign nationals can sign up now and secure their places on the waiting list for the Trump Platinum Card. When launched, and upon receipt of a $15,000 DHS processing fee and $5 million contribution, they will have the ability to spend up to 270 days in the United States without being subject ...
NYTimes
nytimes.com › business › dealbook
Banks Ready Battle Plans to Save Their Credit Card Businesses - The New York Times
1 day ago - Andrew here. We’re taking a look at the battle over President Trump’s proposal to cap credit card interest rates at 10 percent and Wall Street’s effort to block it.
The Hill
thehill.com › homenews › 5686745-johnson-trump-credit-card-cap-concerns
Mike Johnson cautions against Donald Trump's credit card cap proposal
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 ...
Consumer Finance Monitor
consumerfinancemonitor.com › home › trump’s proposed 10% credit card interest cap: key considerations
Trump’s proposed 10% credit card interest cap: Key considerations | Consumer Finance Monitor
2 days ago - On January 9, 2026, President Donald Trump announced via Truth Social that he supports a temporary 10% cap on credit card interest rates (a concept raised during his 2024 presidential campaign), beginning on January 20, 2026.
AP News
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.
CNBC
cnbc.com › 2026 › 01 › 12 › trump-credit-card-rate-cap-enforcement-path-risks.html
Trump's credit card rate cap plan has unclear path, 'devastating' risks, bank insiders say
3 days ago - Bank executives were sent scrambling over the weekend after President Donald Trump declared late Friday that American credit card companies would be subject to a 10% cap on the interest rate they can charge customers.
Axios
axios.com › 2026 › 01 › 14 › trump-mortgages-credit-cards-rates
Trump pushes for lower mortgage, credit card rates
1 day ago - Trump also said that credit card rates should be capped at 10% for one year, beginning next week — though it's unclear whether banks would honor that demand without legislation or regulations that force them to.