Banking
The American financial landscape is currently bracing for what many analysts are calling "Interest Rate Armageddon." As of mid-January 2026, a bipartisan legislative push to cap credit card interest rates at a hard 10% has moved from a progressive pipe dream to a central pillar of the national
DonaldTrump
The financial sector faced a turbulent start to the week as President Donald Trump intensified his push for a federal 10% cap on credit card interest rates, a cornerstone of his populist economic agenda. The proposal, which aims to provide "temporary and immediate relief" to American consumers, has
Trump
As President Donald Trump approaches the first anniversary of his second term, a revived campaign promise has sent the financial sector into a tailspin. With a self-imposed deadline of January 20, 2026, the administration is moving to implement a nationwide 10% cap on credit card interest rates. This aggressive move,