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Trump calls for credit card interest rate cap

· 1d · on MSN

Capital One drops 6%, other banks hit after Trump calls for credit card rate cap

Posting on Truth Social, Trump said he would "no longer let the American Public be 'ripped off' by Credit Card Companies."

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· 1d · on MSN

Capital One, Amex shares sink on Trump’s credit-card threat

Financial Stocks Fall After Trump Calls for Credit-Card Rate Cap

Trump calls for a 10% cap on credit card interest rates

President Donald Trump has floated the idea of putting a one-year cap on credit card interest rates at 10%.

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Donald Trump hits banks where it hurts: their credit card divisions

Explainer: How Trump's proposed cap on credit card rates could reshape consumer lending

Trump plan to cap credit card costs hits bank shares

US banking associations say capping rates will make it harder for people to access credit and be "devastating" for millions of families and small businesses.

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Trump proposes 10% cap on credit card interest rates to ease affordability

Trump calls for credit card interest rate cap: Options for consumers if credit tightens