Trump’s affordability pledge strikes directly at the heart of Wall Street’s profit engine

President Donald Trump’s proposal for a one-year, 10% cap on credit card interest rates has struck a chord in debates about affordability — and set up a potential clash with Wall Street.
News 8000

Americans would save $100B if credit card rates were capped as Trump proposed, researchers say

NEW YORK — Americans would save roughly $100 billion a year in interest costs if President Donald Trump's campaign proposal to cap credit card interest rates at 10% were implemented, according ...
AOL

The Fed's cutting rates but credit card APRs aren't budging — this is why

The Federal Reserve cut rates by a quarter point in October — the second cut of 2025. Another quarter-point cut is widely expected when the Fed meets next week, though chair Jerome Powell isn't ...