If you were waiting for your credit card interest rate to plummet to 10% on Jan. 20, don't hold your breath.

President Donald Trump has floated the possibility of a one-year rate cap ...

Trump's proposed interest rate cap is just political positioning. The proposal isn't a regulatory certainty and ignores a long list of potentially negative implications.

The U.S. Constitution gives Congress the power to write laws regulating commerce and financial markets — including ...

President Donald Trump has said there will be a one-year cap on credit card interest rates set at 10%. What is the average?

On Friday, Jan. 9, President Trump shared a message on Truth Social calling for a credit card interest rate cap starting Jan. 20, 2026 — just 11 days after posting. His proposal would cap rates at 10% ...

President Donald Trump called for a temporary 10% cap on credit card interest rates but did not provide details on how his plan would come to fruition or how he planned to make credit card issuers ...

On Jan. 9, President Donald Trump called for a one-year, 10% cap on credit card interest rates. The declaration on social media is not binding and is more of a request than an order. Such a cap would ...

No law dictating a 10% interest rate cap is on the books, and passing one through both chambers in just over a week would be a major challenge. An effort to impose an executive order on private-sector ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...