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Business

Trump calls for 1-year 10% cap on credit card interest rates

Details
09 January 2026
President Donald Trump announced a proposed one-year cap on credit card interest rates at 10%, blaming the Biden administration for allowing rates to climb as high as 20–30% and saying the move would boost affordability for Americans.

Original Source:

https://www.foxbusiness.com/politics/trump-calls-one-year-10-cap-credit-card-interest-rates

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