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

January 12, 2026 5 min read views
Trump Wants to Cap Credit Card Interest Rates at 10% for One Year
Trump Wants to Cap Credit Card Interest Rates at 10% for One Year Bloomberg Mon, January 12, 2026 at 10:52 PM GMT+8

President Donald Trump says credit-card lenders would break the law if they don't cap interest rates at 10% for one year. Bloomberg's Paige Smith reports.

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