Trump wants a 10% interest rate cap on credit cards for a year and banks are not happy

[LuKenGas]

Trump wants a 10% interest rate cap on credit cards for a year and banks are not happy, go TRUMP this is a great idea.

https://www.cnbc.com/2026/01/13/trump-c ... fight.html

[shoopa]

Just for 1 year?

[jag]

Banks will push back they want to make the maximum rates they can get away with

[cimage]

He's going to piss off his donors

[PornPete]

It’s just for a year?

[vblogger]

Let the people choose which card they want

[TheButcher]

Credit card rates are ridiculous, throw in annual fees, over limit and late fees they become out right daylight robbery, the president is right on this one.

[razor]

People with lower credit scores will have a harder time getting credit