Hot word :

Home>News Services>Associated Press

Associated Press

Trump Pushes a 1-Year, 10% Cap on Credit Card Interest Rates and Banks Balk

AP26010581387929

Return to article

The Associated Press

11:31 JST, January 11, 2026

NEW YORK (AP) — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner.

Add TheJapanNews to your Google News feed.

New contents

JN ACCESS RANKING