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Trump Pushes for a Credit Card Policy That Researchers Say Could Save Americans $100 Billion

4 8
11.01.2026

It’s similar to proposals from Democrats Bernie Sanders and Alexandria Ocasio-Cortez.

BY ASSOCIATED PRESS

Photo: Getty

NEW YORK (AP) — Reviving a campaign pledge, President Donald Trump wants a one-year, 10 percent cap on credit card interest rates. The move could save Americans tens of billions of dollars—and aligns with proposals from leading Democrats—but drew immediate opposition from an industry that has been in his corner.

Trump was not clear in his social media post Friday night........

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