Jan 13, 2026
negativeFinancial Stocks Retreat on Trump Credit Card Rate Cap Proposal
Financial stocks fell sharply after President Trump proposed a one-year 10% cap on credit card interest rates, rattling investor confidence in the sector.
Jan 13, 2026
negativeFinancial stocks fell sharply after President Trump proposed a one-year 10% cap on credit card interest rates, rattling investor confidence in the sector.
Jan 12, 2026
negativeMajor financial institutions saw their shares tumble after President Trump reiterated calls for a one-year 10% cap on credit card interest rates, sparking fears of a massive contraction in consumer credit.
Jan 11, 2026
negativePresident Donald Trump has called for a one-year 10% cap on credit card interest rates starting January 20, 2026. Banking associations and economists warn the move could lead to mass card cancellations and reduced credit availability.
Jan 7, 2026
positiveU.S. financial institutions are seeing improved prospects as trading activity, dealmaking, and asset management flows rebound amid favorable market conditions.
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