
Trump's Credit Card Rate Cap Plan Rattles Bank Stocks
Donald Trump's proposal to cap credit card interest rates at 10% for one year, starting January 2026, has negatively impacted bank and credit card company stocks due to concerns about reduced profitability and access to credit. While the feasibility and legal enforceability of such a cap remain unclear, industry groups warn it could severely restrict credit availability for consumers and small businesses, potentially disrupting the financial services sector. The average interest rate for credit cards in the US is roughly 20.

















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