Trump's credit card rate cap plan has unclear path, 'devastating' risks, bank insiders say

Thread starter International: Top News And Analysis
Start date Jan 12, 2026

International: Top News And Analysis

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Jan 12, 2026

A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with less-than-ideal credit, banks say.

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Title: Trump's credit card rate cap plan has unclear path, 'devastating' risks, bank insiders say

Prefix: N/A

Forum: World News

Start date: Jan 12, 2026

Last reply date: Jan 12, 2026

Replies: 0

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Created: International: Top News And Analysis, Jan 12, 2026

Replies: 0

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