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

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.

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

JPMorgan Chase says banks could fight Trump credit card rate cap: 'Everything's on the table'

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

r/ValueInvesting

157

287

1 week ago

[ Removed by moderator ]

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

r/bayarea

18

0

1 week ago

Trump says he will temporarily cap credit card rates

trump says a lot More on reddit.com

r/stocks

238

204

1 week ago

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

r/Economics

147

183

1 week ago

Videos

Can Trump cap credit card rates for one year? Here's what to know.

What a 10% credit card interest rate cap could mean for borrowers ...

Why Trump's wish to cap credit card interest rates to 10% won't ...

Trump Wants to Cap Credit Cards Interest Rates at 10% for One Year ...

President Trump announces 10% cap on high credit card interest ...

Pres. Trump calls for credit card rate cap: Here's what to know ...

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

13 hours ago - Five major trade groups put out a public statement last week saying they “share the president’s goal of helping Americans access more affordable credit.” But, the groups said, “evidence shows that a 10 percent interest rate cap would ...

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 13 hours ago

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

2 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.

Find elsewhere

Google Bing Mojeek

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 - Trump last week proposed capping credit card interest at 10% in a Truth Social post.

bbc.com › news › articles › crmlkxjm88ko

Trump plan to cap credit card costs hits bank shares

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%," he wrote. "Please be informed that we will no longer let the American Public be 'ripped off' by Credit Card ...

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

3 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.

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 ...

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

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

2 days ago - January 14, 2026 at 6:00 a.m. ESTYesterday at 6:00 a.m. EST ... It was a ridiculous demand and dead on arrival. President Donald Trump called for a one-year cap of 10 percent on credit card interest rates, effective Jan.

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

2 days ago - 'Our belief is that actions like this will have the exact opposite consequence to what the administration wants for consumers,' Barnum said. The average credit card rate interest rate stands at 19.7 percent, according to a weekly survey from ...

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.

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.

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

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

5 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

5 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 ...

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 - Trump proposed a one-year 10% cap on the interest rates that American credit card companies can charge customers.