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Trump Proposes 10% Cap on Credit-Card Interest Rates to Address High Cost of Living

President Trump called for a one-year cap on credit-card interest rates at 10%, aiming to alleviate the financial burden on Americans with high credit-card debt. This proposal, announced during his 2024 presidential campaign, is part of broader affordability measures including a ban on institutional investors buying single-family homes and suggestions for Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds to lower borrowing costs. Current average credit-card rates are around 23%.

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    • Card Rewards Could Suffer With Trump's Plans to Cap Interest Rates -- Barrons.com

      04:10
    • Analysts Warn Credit-Card Rate Cap Could Sideline Many From Credit Access -- WSJ

      04:00
    • Dow Jones Top Financial Services Headlines at 11 AM ET: Latest Threat to Fed Chair Powell Rattles Markets | UBS ...

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      01-12 23:50
    • Stock Track | American Express Plummets 5.29% as Trump Proposes 10% Cap on Credit Card Rates

      01-12 23:22
    • Stock Track | Upstart Holdings Plummets 5.18% Intraday After Trump Proposes Credit Card Interest Rate Cap

      01-12 22:48
    • Shares of US Consumer Finance Platforms Fall After President Trump Calls for One-Year Cap on Credit Card Interest Rates

      01-12 22:45
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      01-12 22:36
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      01-12 22:16
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      01-12 21:53
    • Why Affirm and SoFi Are Winners From Trump's Call to Cap Credit Card Interest Rates -- Barrons.com

      01-12 21:41
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      01-12 09:48
    • Stock Track | American Express Plunges 5.41% in Post-Market as Trump Proposes Credit-Card Rate Cap

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    • Trump Calls for 10% Cap on Credit-Card Interest Rates. These Companies Could Be Impacted. -- Barrons.com

      01-11 04:28
    • Trump says he'll cap credit-card interest rates at 10% amid rising consumer debt

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    • From "Trump QE" to Credit Card Price Caps: When the White House Begins Setting Interest Rates Directly

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    • Trump says he'll cap credit-card interest rates at 10% as Americans battle soaring debt

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    • Trump Calls for 10% Cap on Credit-Card Interest Rates -- 3rd Update

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    • Trump Calls for 10% Cap on Credit-Card Interest Rates -- 2nd Update

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    • Trump Calls for 10% Cap on Credit-Card Interest Rates -- Update

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    • Trump Calls for 10% Cap on Credit-Card Interest Rates -- Update

      01-10
    • Trump Calls for 10% Cap on Credit-Card Interest Rates -- WSJ

      01-10
    • Trump Calls for 10% Credit Card Rate Cap for One Year

      01-10
    • 特朗普呼吁信用卡利率上限为 10% 为期一年

      01-10
    • 特朗普呼吁信用卡利率上限为 10%,为期一年

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    • Trump calls for one year cap on credit card interest rates of 10%

      01-10
    • BarcodeBarcode
      ·01-12 09:12

      💳⚡🏛️ Trump’s 10% Credit Shock Sets Off a New Wave of Acronym Trades 🏛️⚡💳

       $Affirm Holdings, Inc.(AFRM)$  $Rocket Lab USA, Inc.(RKLB)$   🏛️ Policy Shock and Liquidity Optics Donald Trump’s call for a 12-month cap of 10% on U.S. credit-card interest rates starting 20Jan26 is one of the most tradeable policy shocks of the year. This is not just a headline. It directly hits bank net interest margins, consumer credit spreads, payment networks, fintech revenue models, and political liquidity optics at the same time Trump is also pushing mortgage-rate suppression via $200B in MBS purchases, $2K tariff rebates as consumer stimulus, and a $1.5T defence pivot. 💳 The Credit System Cannot Clear at 10% U.S. consumer credit runs on risk-based pricing. With today’s d
      看1.25K回复7
      点赞19
      编组 21备份 2Share
      Report
      💳⚡🏛️ Trump’s 10% Credit Shock Sets Off a New Wave of Acronym Trades 🏛️⚡💳
    • BarcodeBarcode
      ·01-12 09:12

      💳⚡🏛️ Trump’s 10% Credit Shock Sets Off a New Wave of Acronym Trades 🏛️⚡💳

       $Affirm Holdings, Inc.(AFRM)$  $Rocket Lab USA, Inc.(RKLB)$   🏛️ Policy Shock and Liquidity Optics Donald Trump’s call for a 12-month cap of 10% on U.S. credit-card interest rates starting 20Jan26 is one of the most tradeable policy shocks of the year. This is not just a headline. It directly hits bank net interest margins, consumer credit spreads, payment networks, fintech revenue models, and political liquidity optics at the same time Trump is also pushing mortgage-rate suppression via $200B in MBS purchases, $2K tariff rebates as consumer stimulus, and a $1.5T defence pivot. 💳 The Credit System Cannot Clear at 10% U.S. consumer credit runs on risk-based pricing. With today’s d
      看1.25K回复7
      点赞19
      编组 21备份 2Share
      Report
      💳⚡🏛️ Trump’s 10% Credit Shock Sets Off a New Wave of Acronym Trades 🏛️⚡💳
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