Trump’s plan to cap credit card interest rates alarms bank shareholders
Late on Friday, 9 Jan. US President Donald Trump posted a social media message saying banks would have to cap credit card interest rates at 10%. Writing on Truth Social, he said the cap would be effective from 20 Jan., to mark his first year of this administration. For a more complete summary of the story, please see the below link:
Published on: Jan 13, 2026 11:11 AM