Trump proposes 10% cap on credit card rates

Name: Trump proposes 10% cap on credit card rates
Uploaded: 2026-01-26T17:47:00-0500
Duration: 31 s
Description: President Trump’s new push to cap credit card interest rates at 10% sparks sharp debate. While many Americans burdened by record-high credit card debt may welcome the relief, critics warn the move could backfire—potentially cutting off access to credit for millions with low scores.

President Trump’s new push to cap credit card interest rates at 10% sparks sharp debate. While many Americans burdened by record-high credit card debt may welcome the relief, critics warn the move could backfire—potentially cutting off access to credit for millions with low scores.