Home / Business / Trump’s 10% Credit-Card Cap Would Hit Big Banks’ Crown Jewels

Trump’s 10% Credit-Card Cap Would Hit Big Banks’ Crown Jewels

President Donald Trump’s demand that credit-card lenders cap interest rates at 10% for a year takes aim at one of the banking industry’s crown jewels — a business line they guard doggedly.

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Source: Bloomberg | Published: 2026-01-10T14:30:14Z

Credit: Bloomberg

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