Trump announces 10% credit card interest rate cap proposal

45th & 47th President • United States Government

BROKEN

"President Trump announced in January 2026: 'Effective January 20, 2026, I, as President of the United States, am calling for a one year cap on Credit Card Interest Rates of 10%.' However, this has no force in law as acknowledged by National Economic Council chair Kevin Hassett."

Made

Jan 20, 2026

Deadline

Jan 20, 2027

Source

MS NOW ↗

40

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